5 Estate Planning Tips if You’re Getting Divorced
If you’re facing a divorce, you know that it can cause stress, anxiety, and frustration. The last thing you may want while going through this process is something else on your plate to deal with. But you should take some time to review your estate plan. Ignoring it during this pivotal time can result in losing control over your assets and legacy.
1. Update Your Will
Most married people chose...
Estate Planning Basics: Will vs. Trust
The reality is that estate planning involves several complicated phrases and documents, like “executor” and “power of attorney.” Perhaps two of the most asked about documents are the estate planning tools of the Will and Trust. While there are definite distinctions between the two, it’s likely that your estate plan should include both and a skilled estate planning lawyer can help you make the...
Easy Steps to Tidy Up Your Estate Plan
Life constantly changes. One result is that there’s a good chance your personal affairs have probably changed since you first created your estate plan. No problem whatsoever. All you need to do is take a few steps to tidy matters up. Taking the time to do so will only benefit your family and loved ones.
Ensure that All Your Estate Plan Documents are Current
A thorough estate plan will usually...
Not Many Assets? You Still Need an Estate Plan
Many people hold the misconception that they don’t need an estate plan if they have few or little assets. The farthest is from the truth. Estate plans are not just for the rich or wealthy, however you may want to define those terms. The recent COVID pandemic has caused many individuals, couples and family caretakers to evaluate their current financial and estate decisions. Every person over 18...