When planning your estate, you will realize that the smoothest way for your assets to reach your loved ones is by avoiding the probate process. However, this can be easier said than done, and it is important to look into all of the methods at your disposal that can help you to avoid the probate process, so that you understand what will work best for your personal situation.
Do you often find yourself working in a trench on your job? Do you have concerns about your safety? Do you trust that your employer is doing whatever it takes to keep you safe when you're working below grade?
Regardless of your situation and goals, creating an estate plan can be a complicated process that brings a lot of stress to your life. Fortunately, when you take the right approach, this doesn't have to be the case.
When creating an estate plan, you need to think about more than what will happen to your assets upon your death. You also need to focus on how these assets will transfer from you to the appropriate person or people.
Depending on your profession and the industry in which you work, it's not out of the question that you may find yourself lifting heavy items, day in and day out.
If you already have a last will and testament, congratulations — you've taken an important step toward protecting yourself and your loved ones, one that far too many adults never take. However, even those with wills may leave their loved ones and beneficiaries with confusing instructions or unclear wishes without reviewing and amending the document from time to time.
Having a new baby is a joyful event in a parent's life. While almost everything about this is a pleasure for parents, there is one thing that parents need to consider now -- estate planning.
Estate planning can be difficult enough when you don't have any children. However, if you add at least one child to the mix, you'll soon find that you need to make a variety of key decisions.
Creating an estate plan is a big step in your life, as it forces you to look toward the future.
Imagine you're a blue collar kind of guy, who has run into some bad luck on the job. After 20 years in the construction business, you've made good money, and never had a single injury, but a month ago your luck changed. You fell off a ladder, you got hurt and you haven't been able to work.