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When there is inheritance, there are also often those who want to fight the heirs for a piece of it. For instance, the death of Tom Carvel (the inventor of soft-serve ice cream) triggered a years-long major fight over his will. You may not want your inheritors to have...
Estate planning covers a lot of things, from wills and guardianships to trusts that preserve assets for future generations. All of it is in preparation for the inevitable, in hopes that any and all financial processes after death go smoothly. It might be easy to...
When examining your estate plan reviews, it is important to know how you want to organize and tackle the process. After all, most estate plans are complex pieces of legal work that take months or even years to build. You do not want to spend copious amounts of time...
In a nutshell, estate planning is the process by which you anticipate your future needs and those of your family and then, working in conjunction with your estate planning attorney, set about ensuring that these needs will be met, both during your lifetime and after...
Poor estate planning could chip away at your legacy and reduce the amount of money that goes to your family. An important part of any estate plan focuses on reducing tax payments. Knowing the best strategies allows you to pass on your hard-earned money to your heirs....
One of the most difficult yet important parts of estate planning may be preparing for a worst-case scenario in which you can no longer make medical choices on your own. Whether due to a sudden accident, progressive disease or the slow onset of age-related issues,...
When a loved one dies with a will, the estate goes through probate. This is the legal process of managing the estate and distributing assets. Although a judge supervises the process, the person who does the majority of the work is the executor. Overview of probate...
As you age, you have no guarantees on what the future holds. You cannot know whether or not you will always be able to make decisions for yourself. U.S. News explains how a power of attorney is a solution to the unpredictable future. The following questions can help...
Estate planning is something anyone can do at any age, but one topic that may be hard to face is long-term care. Planning for LTC involves the heavy subject of potential physical or mental disability that leaves someone incapable of managing their affairs. Trusts help...
While you would rather not, you must face the reality that you may not live to raise your children. Do you have a guardian in mind to step up for your children? Forbes offers tips on selecting proper guardianship for your kids. Give yourself peace of mind and your...
