Divorce comes with serious implications not only for you but also for your finances and your loved ones’ future. If you created an estate plan while married, it is in your best interest to review and update it as soon as your divorce is final. Here are important...
A loved one made the effort to create an estate plan, so you probably want to honor their last wishes. However, what if you believe the only way to fulfill their legacy is to challenge the documents in their estate plan? Maybe you learn that the instructions they...
People are often put off by estate planning. Talking about your own death can be daunting, and to some, it seems morbid. As such, it is estimated that well over 50% of the population has no will in place. Some choose to get around this hesitation by creating a will on...
At some point in everyone’s lives, we realize that our estate will be left to the wolves after we pass — unless we first establish a will or trust. With today’s medical endeavors that grant us a taste of immortality, allowing people to live into advanced age, you...
You certainly have a right to disinherit anyone you want when you're making your estate plan. Your children may all expect to get the same amount of money from you, but you can leave one of these children out. There's no law against doing so, and what you plan to do...
Most people wonder whether they should create an estate plan or not. However, pretty much everyone appreciates that having an estate plan simplifies estate administration while ensuring that your assets go to the right people when you pass on. One of the most common...
Safe deposit boxes (sometimes known as safety deposit boxes or lockboxes) aren’t as commonly used as they once were because so many of our important documents are now accessible online and home safes are more common. However, if you have jewelry, coins or documents...
An executor is a person charged with administering an estate according to the owner’s wishes after they pass on. It is a position of trust since they virtually control everything. But, what if they are not acting according to your loved one’s instructions? If you...
A lot may have changed since you wrote your will. For example, you may have acquired new assets or sold some of them. Given that your will defines the future of your estate, everything must be up to date, in line with your current situation. But, how often should you...
Most adults have a deep-seated need to care for their loved ones. One way that you can do this after you pass away is to establish an estate plan. This is a set of legal documents that relay your wishes about what type of care you desire if you’re incapacitated and...