Estate Planning

There’s a very good chance that your estate is going to include some final debts. You can plan for some of these debts in advance. For instance, people sometimes attempt to pay off business loans or home mortgages as they get older, intent on clearing those debts...

As a will beneficiary, you may worry about the possibility of estate mismanagement by the executor during probate. This can happen for various reasons, including an inexperienced or negligent executor, poor financial decisions or even outright fraud. The consequences...

When many people write their will, they’re planning on an immediate transfer of assets. For instance, maybe you have two adult children and $200,000 to leave them. When you pass away, you assume that each of them will get $100,000 right away. This is a simple and...

As technology has advanced, many aspects of our personal and financial lives have moved online, resulting in the accumulation of digital assets. Digital assets are a relatively new phenomenon. Nevertheless, they have become increasingly important components of both...

As you draft your estate plan, you begin by listing out the assets that you want to pass on to your children. You may have a significant amount of financial assets that you’ve saved up. You hope it can provide some financial stability to the next generation. Maybe you...

Social media has become increasingly important in the modern world, and the odds are high that you use Facebook to connect with far-flung loved ones, communicate with friends, joke around in online communities and save cherished memories. What happens to all that when...

Taking care of your loved ones after you pass away is one of the most important things you can plan for. There are several different things that you need to ensure are taken care of as part of that plan. You need to set your estate plan, but you also need to make sure...

Estate planning, often associated with later life stages, might seem premature for college students. However, life's unpredictability does not exempt younger adults, making estate planning an important consideration even at this early stage of life.  The following are...

If you have an estate plan in place, then you are further along than most people. Over half of all Americans have yet to address this issue. If you have a plan, remember that estate planning is a constant process, and your plan should reflect your current wishes....

Stating your wishes on how to be taken care of when you become incapacitated or how to distribute your estate when you die makes estate planning an essential process for everyone. But the party you name as your executor plays an integral role in attaining this. You...