Your estate plan outlines your wishes to help provide for your loved ones after you pass away. Taking the time to set it up correctly is important so that your administrators can get your estate handled as quickly and efficiently as possible. There are a few things...
Estate Planning
Why you should have a will written right now
Having a will ensures that your assets are appropriately divided. Dying without a leaves your assets in the hands of the local court. You shouldn’t wait to write your will if you have assets you want family and friends to inherit. You might be making it harder for...
Do your loved ones really want your timeshare property?
Timeshare properties are often listed among the worst possible assets a person could inherit. If you’ve got a timeshare property that has brought you years of happy vacation memories, you may find this hard to believe. Who wouldn’t want to inherit a timeshare at a...
How to ensure that you get the funeral you want
One of the many advantages of estate planning is that it gives you the opportunity to detail your wishes for your burial or cremation and any ceremonies or celebrations of your life around it. As you do it, it’s wise to determine what this is going to cost and to put...
Who should you name as power of attorney?
While most people think of the estate plan as something that they’ll only need if they pass away, there are components that come into the picture if you become incapacitated. Two of these are the powers of attorney (POAs) for medical care and the one for finances. ...
3 estate planning tips for blended families
You never thought it would happen, but you found love – again – later in life. You’re about to embark on a second (or third) marriage. Now, you just have to get your estate plan set up correctly, with an eye toward making sure that both you and your loved ones are...
Caring for your pet after incapacity: Pet trusts
Not everything you do with your estate plan is going to be there for the time after your death. Some aspects of your estate plan will be there to protect you and those you care about during your lifetime. One such aspect of your estate plan may be a pet trust. If you...
Top reasons to update your estate plan
Deciding what will become of your estate when you pass on is important. And this is where an estate comes in. Despite its fancy name, an estate plan is not just a reserve for the rich and famous. Whatever you have in your name is your estate. But, an estate plan is...
Why you might need to discuss your estate plans this holiday season
When you think of family gatherings over the winter holidays, you think of big meals, football games on the TV and homemade cookies from recipes passed down over several generations. What you don’t often think of is using this gathering of the clan to discuss one’s...
Tips on preventing a will contest
By creating a will as part of your estate plan, you are putting down your last wishes regarding your assets and property distribution. However, all that careful planning and thought could be futile if someone successfully contests your will. In addition, a will...