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Creating an estate plan typically involves balancing the wishes you have for your own legacy with the legal complications of an inheritance. The best estate plans typically leave detailed instructions for an executor and consider not only personal property and family...
There are circumstances in which you may not be able to handle your own affairs. A serious medical issue that leaves you unconscious, unable to communicate or otherwise incapacitated is a perfect example. In such a scenario, you become dependent on the actions and...
When you love your child deeply, you may feel like no one is good enough for them. Unfortunately, your in-law may have proved your fears right over the years. Maybe they've had a string of job losses or a history of infidelity that your child has somehow forgiven....
If you have started looking into estate planning topics with the intention of creating or updating your will, you may have realized that avoiding probate seems to be the ambition of many when they plan their estate. Probate is a court-supervised process where a...
You have spent a lifetime building up your personal wealth and resources. You probably want your children and grandchildren to display a similar work ethic. At the same time, you likely have hopes of giving people you love financial resources when you die. Wanting...
As a grandparent, you may feel strongly about leaving an inheritance to a grandchild or grandchildren. No matter what it may be, you realize that it will benefit them after you’re gone. But before you can do this, there’s an important question to answer: What’s the...
Your children are all older, and you know that they don’t get along. When you look at all of your children, you can see how they would have different opinions and outlooks, so that worries you. You want to plan for your eventual death, but you know that sitting those...
Developing a comprehensive estate plan is a critical step in easing the financial and emotional burden on heirs after a loved one passes away. Unfortunately, many people die without a plan in place leading to turmoil and unnecessary disputes among surviving loved...
Most parents want to give their children a better life than they had, and that desire is often the foundation for a financial bequest at the time of someone's death. You may have spent years building up your career and financial stability so that you could start a...
After your estate plan documents are finalized and secured away, you might not think about checking them until it’s necessary. However, there are several events that should prompt you to review and update your estate plan. Marriage, divorce, birth and death are just a...
