While estate planning is important for everyone, it's extremely important if you have a blended family. One of the biggest reasons for this is that blended families are much more likely to have complicated issues and it's a situation in which small mistakes can become big ones if you don't plan ahead properly. It's important [...]
One of the most common ways for a will contest to emerge is to have a track record of changing or revoking your will. This is not to say that you cannot update materials you've put together previously, but simply that you should do so with care. Your will should be reviewed on a regular [...]
One of the most common ways for a will contest to emerge is to have a track record of changing or revoking your will. This is not to say that you cannot update materials you've put together previously, but simply that you should do so with care. Your will should be reviewed on a regular [...]
These days, the basic will simply won't cut it for the vast majority of people approaching their estate plan. This is especially true for those individuals who have amassed wealth over the course of their lifetime. A comprehensive estate planning strategy includes multiple components beyond planning for your assets to be passed on to another [...]
A revocable living trust affords many different benefits for the people who choose to use it. There are six primary reasons why a living trust can be extremely beneficial for you. These include: Protecting property for certain beneficiaries who may be unable to control receiving such a large inheritance. This is very beneficial for [...]
A revocable living trust affords many different benefits for the people who choose to use it. There are six primary reasons why a living trust can be extremely beneficial for you. These include: Protecting property for certain beneficiaries who may be unable to control receiving such a large inheritance. This is very beneficial for [...]
Many individuals approaching retirement have spent many years saving for this opportunity and have adjusted their estate planning documents to reflect their retirement goals. However, the transition from the working world to retirement can be a difficult one as far as making use of all of your time. Spending more time with children and grandchildren [...]
Many people dread the thought of approaching their estate planning. It's an uncomfortable reminder that we are all limited by our own mortality, but there can be devastating consequences for putting this off until it's too late and leaving your heirs with an administrative and financial mess. Those individuals who will receive your assets may [...]
Anytime that a major life change happens, it's a good opportunity to schedule a meeting with your current estate planning attorney. If you don't have an estate plan yet, you may need to establish a relationship with someone now so that you can build the trust with this individual to keep your materials updated as [...]
Do you have plans for what would happen to you if you were to become incapacitated? Many people are under the impression that long-term care is something that only older individuals need to consider. It is certainly true that a broad range of baby boomers and other elderly individuals have to think about their long-term [...]