Charitable planning is a way to support a favorite cause or a particular charity that means something to you as part of your estate plan. Charitable planning comes under the same laws that address trusts and wills, which are complex. But by working with an experienced attorney, you Continue reading
Category: Estate Planning
Do College-Bound Kids Need an Estate Plan?
Do College-Bound Kids Need an Estate Plan?
In short, the answer is yes. But often not in the traditional “I hereby bequest . . . “ sense. Most 18-year-olds don’t have much in the way of assets quite yet. But their health and health care decisions are paramount. And financial decision-making Continue reading
Estate Planning for Blended Families
Some people who lose a spouse due to death or divorce are fortunate enough to go on to find love again and remarry. In many instances, second marriages unite not only two people but also their children and extended families. While blending families is often a joyous experience, it Continue reading
When Fair Shares Aren’t Equal, Communication is Key
Estate planning means getting your affairs in order and planning for the future. One goal of estate planning is to promote family harmony after you’re gone. But what if the way you want to allocate shares to your children isn’t equal? That may sound like a formula for disharmony. Continue reading
How to Prepare for Your First Estate Planning Appointment
Let’s just say it here. Beginning the estate planning process is not easy because it means contemplating your own death. We get it. Choosing to get your affairs in order and scheduling that initial meeting takes courage. So, congratulations on getting started! Here are some steps Continue reading
Why Estate Planning Is So Important
It is not uncommon for people to think that they do not need to develop an estate plan until they are older or acquire significant assets. Estate planning is essential for people of all ages and financial status, though, and people who neglect to develop a thorough estate plan may Continue reading
The Dangers of Having an Out-Of-Date Estate Plan
People often think that once they have drafted their will or developed an estate plan that their affairs are in order, and their wishes will be upheld in the event of their death. Not all estate plans age well, however, and over time numerous factors can render provisions of a will Continue reading
How Much Does an Estate Plan Cost?
Generally, people harbor the conception that lawyers are expensive, and they will avoid hiring them unless they think it is absolutely necessary. As such, many people delay developing estate plans due to concerns over the cost. In an attempt to avoid estate planning costs presently, Continue reading
The Dangers of Procrastinating When It Comes to Preparing Your Estate Plan
Many people are reluctant to think about their eventual demise and put off developing an estate plan as long as possible. Delays in drafting estate planning documents cannot prevent the inevitable, though, and people who fail to plan for the future risk running out of time. The dangers Continue reading
Naming an Executor (or Trustee)
Whether your family is large or small, you have a complicated or straightforward estate plan, you must pick the proper individuals to handle the estate administration process when you pass away. If you have chosen a will as your primary estate planning document, that person is named Continue reading