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You have worked incredibly hard throughout your lifetime to be able to live comfortably now. If you have significant wealth, you even may be able to leave some assets to your kids. Still, even if your children are not hurting financially, you do not want to strap them...
A revocable trust can be a powerful tool in an estate plan. Whether you wish to skip generations or protect a family business, a revocable trust could be a smart addition to your toolbox. Consider including a revocable trust in your estate plan to help you reach your...
Executors are a pinnacle figure of an estate plan. As such, it is important to understand how to select the best possible one. Though each estate plan is different and has its own unique needs, the core traits that make a decent executor still remain relatively...
While it is true that by having an estate plan, you have already taken a step in the right direction for your financial future, it does not mean you stop planning. Many people create an estate plan, lock the document away and forget about it. If you want a valid and...
Even if you have enjoyed good health throughout your life, it is impossible to predict the future. Rather than worrying about the unpredictable fallout from an unexpected illness or catastrophic injury, it makes sense to plan for a health-related crisis. While there...
Estate planning encompasses more than a will. If someone you love receives government assistance, you may want to incorporate a specialty trust as part of your plan. A special needs trust goes above and beyond to care for someone you love. Discover why you may want to...
The probate process has a notoriety for being one of the longest parts of handling an estate. This is why many people will do anything they can to avoid it, sparing their heirs and loved ones from having to wait to access their inheritence. Many people may consider...
Getting your affairs organized may seem like a daunting task. However, there are some tools and documents that can ease the estate planning process. While a last will and testament is an essential part of your plan, a living trust may be advantageous as well. Contrary...
Regardless of your age or current level of wealth, estate planning is crucial. A solid estate plan ensures your family receives your assets in the manner you intend. It can also benefit you while you are still alive, in the event you experience a major illness or...
When dealing with estate planning, many of the things you take care of have to do with how you want things handled in the future after your death. This can include how you want your assets and estate divided and what you want your loved ones to do with your body. But...
