There's one thing that is constant in life...and no, it is not taxes. Instead, you can always depend on changes to be a part of your life. Think about it, as we get older, we may fall in love. We may even get married and have children. Also, we lose loved ones to old age and sometimes to tragedy.
Why you should talk to your parents about their estate plans
Whenever a celebrity passes away, chances are that their estate plan is a newsworthy topic. We saw it with David Bowie's passing, and lately Prince's untimely demise. With these stories, it is natural to wonder about our parents' estate plans. We might wonder whether there will be disputes over their assets or whether they have a plan to protect their estate from creditors. Moreover, we may wonder who may care for them when they are no longer able to care for themselves (or who they want to care for them).
