Effective estate planning takes more than a will. It’s a comprehensive process that looks ahead and plans for numerous different situations that can occur both before and after the end of your life. Insurance policies of various sorts can play an important role in...
Estate Planning
3 estate planning myths that need to end
Despite how often people plan their estate, misconceptions about the process can make it less likely for people to understand the importance of the process. As a result, many people die without an estate plan, which can complicate matters for family members as they...
What might make a will invalid?
When you’ve worked hard your entire life and accumulated wealth, you want to be sure your estate will go to the right people when you die. This is the essence of creating a will. Without one, the government would determine who gets to inherit your property and who...
What you need to know about witnesses to the signing of your will
The final step in drafting your will is signing it in front of witnesses. Too many people who take their estate planning into their own hands or use one of those online will templates neglect to do this – or at least to do it correctly. That essentially makes the...
Why everyone needs an estate plan, regardless of age
Many people neglect to make an estate plan. They often do this because they think it’s something that they should address later on in their life. They essentially believe they’re too young to need an estate plan and that it is something they can set up when they get...
Don’t let your IRAs become a tax burden on those who inherit them
Estate planning isn’t just about designating which assets you want to go to specific loved ones or other beneficiaries. It’s crucial that you think about what kind of tax or other financial impact those inheritances will have on the people to whom you leave them....
How can I know whether my aging parent needs guardianship?
As your loved ones age, paying close attention to their well-being becomes increasingly important. One of the challenging decisions families might face is determining when guardianship is necessary for aging parents. Guardianship, also known as conservatorship, is the...
Do you understand the basics of estate planning?
Given the unpredictability of life, one way to stay prepared is to organize your estate while you can. And estate planning allows you to set your affairs in order, specifying the fate of your hard-earned estate when you can no longer call the shots. The last thing you...
Why committed, unmarried couples need estate planning
Many couples build lives together and remain in committed relationships for many years, but they never feel the need to codify their relationship with a marriage certificate. While these relationships often last longer than many marriages, the law doesn’t recognize...
Updating your estate plan: When and why it’s necessary
Life isn’t static, so no matter how carefully you put together your estate plan there may come a time when you need to update it. Generally speaking, updating an estate plan is essential to ensure that your wishes are accurately reflected and that your assets are...

