As you begin the estate planning process, you may come across the term “executor.” Generally, once you pass away, it will be the job of the executor of your estate to make sure your wishes are adhered to when it comes to your estate. You have the option of naming the...
A will is an important component of an estate plan that is used to distribute the estate planner’s property and assets according to their wishes. During the estate planning process, making sure the will is valid is crucial. Requirements for a valid will Estate planner...
Creating an estate plan is a big decision. It’ll impact you, your loved ones and your finances for many years to come. And for that reason, you shouldn’t hesitate to make changes as necessary. Here are some of the many times in your life when it makes sense to review...
If you have a child with a disability, you may be concerned about providing for them when you die. Depending on the nature of their disability, they may be unable to work and provide for themselves. They may need daily help them to feed and clothe themselves or have...
When you’re buying a new home and are anxious to get moved in, a title search seems like a big hassle. Why is it so important? Well, every home has some kind of history. Even brand-new homes could have a problem with their title if the developer made some kind of...
Making a trust is a great way to take more control over the money you leave to your heirs. You may not be around to see how they spend it, but you can influence that spending. For instance, maybe you want to use an educational trust. People often use these to help...
You may be rather pleased that a relative trusted you with the responsibility of managing their estate, but the family is driving you mad. They expect you to know everything when it is the first time you have done this. You also suspect they will hold it against you...
Wills are legal documents, but some people treat them like little more than informal agreements. It is surprisingly common for people to choose to download boilerplate documents from the internet and simply plug in a few words or phrases about their family and their...
Your parents were trying to treat you and your siblings fairly, so they left the family home to you all in equal shares. Now you and your two siblings have to figure out what to do with it. In an ideal world, you and your siblings will be perfectly in sync with your...
The more assets you have, the more careful you have to be with estate planning. From taking great care to avoid infighting it by your heirs and beneficiaries to ensuring the smooth transfer of certain accounts or assets through special designations, you may have to do...
