Estate plans protect your family after you are gone. They also make sure that your assets receive the proper treatment in terms of inheritances. When it comes to advance directives, also known as living wills, they can ensure you receive the type of medical care you...
Estate Planning
Is it time to update your estate plan?
After creating an estate plan, one cannot simply let it sit and leave it untouched for years and years at a time. Updating an estate plan is an important part of its management. But how can you tell when it is time to make updates? Updating with every major life...
Should college students have a will?
If you are about to graduate from high school, you probably are looking forward to starting the next chapter of your life. Whether you plan to attend college, go to a trade school or immediately enter the workforce, your early 20s are sure to come with some major life...
How does the end of your marriage affect your estate plan?
If you are planning to go through a divorce in 2022, you are far from alone. In fact, according to the Centers for Disease Control and Prevention, there are roughly 750,000 divorces in the U.S. every single year. While divorce is exceedingly common, it also can be...
What goes into a guardianship?
When you create an estate plan, one of the choices you may have to consider is who will care for your children. However, this is not the only type of guardianship you may have to consider. Guardianships come in a couple of forms. The most common one names the person...
Should your estate plan have a do-not-resuscitate order?
When most individuals think about estate planning, their minds go to their personal wealth. While settling your debts and disposing of your assets is certainly important, your estate plan also should address your medical goals and end-of-life care. If you do not want...
3 questions to ask your aging parents about their estate plan
Talking to your parents about the distribution of their estate and inheritance is not easy. It is an acknowledgment of a reality that nobody on either side is ready to accept. Talking about estate planning is necessary, however. Your parents will be able to enjoy...
Is a relative the best choice for executor?
When you start working on your estate plan, one of the first things you must decide is who you want serving as the executor of your estate. This is a pivotal role and the person you select must fit certain criteria. Naturally, you may lean toward a trusted relative...
What should you know about trusts?
A solid estate plan must include a few different tools to protect your assets. As explained by U.S. News & World Report, trusts are an essential estate planning tool. A lot of people have misconceptions about trusts or might believe they are only necessary for...
How can you watch out for a manipulator?
When dealing with an estate plan, it is possible for things to feel overwhelming and out of hand quickly due to the complex nature of the process. Things often get more complicated when a vulnerable person is the grantor of an estate. Unfortunately, manipulators will...
