3 Reasons for Estate Planning
To some people, the term estate planning may seem like it’s only for the rich, and you don’t have that many assets to begin with, why do it? Here’s why: it impacts your loved ones, even if you don’t have an enormous mansion, the most extensive IRA, or valuable items to leave behind. Here are […]
How Estate Planning Can Simplify the Retirement Process
There are various benefits to estate planning in general. One of the primary benefits is that it simplifies the process of planning your retirement. What is estate planning, and how does it contribute to your successful retirement plan? Simply put, it’s a process through which you decide who will receive which of your assets and […]
Benefits of Estate Planning
After you have taken care of the important legal steps that estate planning requires, you and your family will get some key benefits from this process down the road. The first benefit is that you can reduce your family’s legal headaches after you pass away. If you take the time to create a solid estate […]
Two Key Elements to Proper Estate Planning
For some families, it is easy to create an estate plan that will serve them well for generations. However, many individuals can’t say the same thing because they don’t understand what needs to be done in order to set up their estate plan successfully. This is normally because these folks haven’t taken the time to […]
Qualifications to Look for When Appointing Guardianship
When you’re appointing guardianship for your children, there are specific qualifications you should look for in the guardians. This will ensure that your children are kept safe, loved, and in a stable home after your passing. Appointing Guardianship It’s not an easy decision, but since you never know what tomorrow will bring, the sooner you […]
Setting Up Special Needs Trusts for Children
When you’re in the process of estate planning, it’s normally fairest to divide your assets equally among your children. In some circumstances, however, it’s necessary to allocate a larger portion to one child over the others. This is where special needs trusts come in. When Do You Need to Give One Child More Than The […]
Common Mistakes When Choosing a Guardian for Your Children
When you’re in the process of estate planning, your children’s well-being should be your top priority. That’s why it’s vital to appoint a guardian who can care for your children after you pass. When you’re choosing a guardian for your children, be sure to avoid these common mistakes. Choosing a Guardian Your main duty as […]
Estate Planning: Discussing Inheritance with Your Children
An important step in estate planning is discussing inheritance with your children. Inheritance can feel daunting to talk about it with your kids. How will you bring it up to them? What will you say? In this guide, we’ll take a look at the best ways to go about discussing inheritance with your children. How […]
5 Proactive Estate Planning Steps to Protect Your Family
Estate planning might be something you’re putting off. You’re not the only one – many people avoid estate planning because they’d rather not think of their own passing. But estate planning is important for protecting the loved ones you leave behind. When your family is mourning, emotions run high. Estate planning takes the burden off […]
Estate Attorney Helps Avoid Costly Mistakes
Estate planning is all about looking after the loved ones you leave behind. But without hiring an estate attorney, many people end up making costly mistakes that cause even more anguish after their death. It’s easy to make mistakes when you’re writing a will or assigning a power of attorney all by yourself. Both have […]
