Writing a will is one of the more effective ways to maintain some control over what happens to your assets after your death. It is also easy to put off. In fact, according to a recent study, 68% of Americans have not yet drafted even a basic will. If you are ready...
Month: July 2021
What to address in a living will
No one likes to think about what might happen in the event of a serious accident, crash or illness. However, having certain plans in place may go a long way in terms of taking some of the strain off of your loved ones and ensuring your wishes come to fruition. Per the...
How can you choose an executor?
As you work on your estate plan, do you have an executor for your will? CNBC explains the importance of having an executor that you can trust. Here are some questions to ask yourself when choosing an executor. Is your choice organized? Your estate refers to everything...
At what age should you create an advance directive?
When you are young, you may feel estate planning is unnecessary. If you do not have children and own limited assets, it may seem unimportant to spend time preparing. However, the process involves more than the mere distribution of property. Regardless of your age,...
How does a guardianship work?
You could ask for guardianship over a child or another adult. The court process for securing such an arrangement is complex as the court must ensure it is in the best interests of the person who you wish to place under guardianship. According to the New York State...
