Estate planning may be a more complicated process if one of your children has special needs. While you may establish a special needs trust, you also need to consider practical elements of your child's day-to-day life as he or she grows up. According to the Georgia...
3 tips for safeguarding your will from contestation
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...
How should you tackle estate plan reviews?
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...
Estate planning lets you pass on more money to your heirs
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....
The executor’s role in the probate process
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...
How does a power of attorney benefit seniors?
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...
