Your assets pass to your heirs and beneficiaries according to the instructions you establish in your will when you pass away. When estate planning, business owners need to think beyond their personal assets to consider what will happen to their business. Here are a...
If you are nearing retirement, you may be thinking it is time to create your estate plan. However, people of every age can enjoy the benefits of an estate plan because anyone can tailor the plan to his or her individual needs. There are many helpful estate planning...
The probate process is fine for some estates, but you may find it helpful to put together an estate plan that lets you avoid it. Probate can sometimes last months or even years, during which time your assets become entangled and unavailable to your heirs. CBS19...
Planning an estate can be a daunting task. You may even feel that it is something you can put off for a while without any negative consequences. However, unexpected events can happen in the blink of an eye, which is why it is crucial to prepare for problems before...
During your estate planning process, you may be considering including an advance health care directive in your plan. Also known as a living will, an advance health care directive is a document that allows you to clarify your health care wishes if you become unable to...
Estate planning can feel like a monumental task. Not only do you have to confront your own mortality, but you have to plan for the safety and security of your family’s future. While it can be stressful at times, it’s important not to write anything off or avoid a...
Too many people seem to believe having an estate plan is only for the ultra-wealthy. A Caring.com survey found that nearly 60% of all Americans have not created an estate plan, such as a will or trust to pass along their assets. End-of-life planning is something many...
In general, basic estate planning involves a simple will and maybe a living trust. However, if you have high-value assets including real estate, a comprehensive stock portfolio and other complex investments, you may want to consider taking a more advanced approach to...
A strong last will and testament is the foundation of most estate plans, regardless of how complex a person's estate may be. Whether you have significant resources to manage and disperse or simply want to make sure that your wishes are clearly documented for your...
As a parent, nothing feels as important to you as taking care of your children. You feel like you can keep doing that after you pass away. You can leave them your money and other assets, giving them financial security. You see your estate plan as one more way to...
