Besides making sure your assets get to the people you choose, planning can help minimize income, gift, and estate taxes, too. Without an estate plan, and specifically a will, the laws in your state will determine what happens to your possessions, and the courts will...
Creating a will is probably one of the most important things you can do for you and your family! Wills legally protect your spouse, children, and your assets. Wills lay it out exactly how you would like things handled and how you want your assets passed on. The...
Estate planning is the process of anticipating and arranging for the management and disposal of your estate during your lifetime in preparation for your future incapacity or death. This planning involves wills, trusts, powers of attorney, and so on. The following tips...
Estate planning is complicated, but a well-thought-out plan can give your loved ones peace of mind and provide for them, long after you are gone. The best way to avoid estate planning mistakes is by enlisting the help of an attorney. It’s easy to forget a detail that...
In the process of estate planning, many individuals focus solely on the legal aspects, such as drafting a will to distribute their assets and appointing an executor. While these legal considerations are undoubtedly crucial, it is equally important to recognize the...
You don’t want to go through all the time it takes to create a plan to protect your loved ones, just to have it riddled with errors that end up causing them stress and headaches in the end. Whether you’re creating your first plan ever, or updating an existing...