Most people don’t look forward to estate planning, so they search for every excuse possible to put it on the backburner. And for those who are young — such as individuals fresh out of college — they assume that they’re too young to get serious about estate planning. However, this line of thinking is a mistake. You’re never too young for estate planning. Once you reach the age of 18, it’s something you should at least think about. You don’t have to take immediate action, but you must keep … [Read more...] about Are You Too Young for Estate Planning?

Do it yourself (DIY) estate planning is enticing. It allows you to create an estate plan at your own pace and without having to consult with a professional. And of course, it can probably help you save a few dollars upfront. Before you go down the DIY path, you should consider the many risks associated with doing so. This is usually more than enough for you to realize that it’s a bad idea. Consider the following: You don’t have estate planning expertise: This is why you hire … [Read more...] about What’s the Problem with DIY Estate Planning?

Are you married? Have you taken the time to discuss estate planning with your spouse? Are you concerned that you’re not on the same page? Maybe you and your spouse already have an estate plan in place. Or perhaps you’ve never even discussed it in the past. Either way, it’s critical that you work together to create an estate plan that suits the both of you. Here are some example questions to address together: What do you want to happen to your assets upon your death? … [Read more...] about Work With Your Spouse to Create an Estate Plan