Going Through a Divorce? You Need to Update Your Estate Plan
If you decide to divorce, it’s important to not overlook updating your estate plan. Consider this scenario: You suddenly die and your ex-spouse inherits everything then when he dies his new wife inherits what’s left. Or what if you survive a car accident but are hooked up to a life support system? Who do want […]
Avoid These Top 5 Estate Planning Mistakes
When it comes time to plan your estate to pass on to others, you need to make sure there are no mistakes. For example, if the person you plan to leave your estate to dies before you do, that’s a problem if you don’t update your estate plan. And never count on someone dying […]
Estate Planning and Vacation Homes
Places like Arizona and Florida are hot spots for retirees, and it’s no wonder since the weather is good all year long and the cost of living is generally lower in these states Many people who retire full-time or who spend the winters in these states often buy a vacation or second home in one […]
Stages of Life When You Should Consider to Update Your Estate Plan
Estate planning does not stop the moment you create the documents. It’s just the beginning. It is a work in progress. Which is why you must revisit your estate planning every now and then to check if you need to make changes and updates. There are various reasons why you must update your estate […]