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General
13 Reasons You Need an Estate Plan
It would be simple to state that every adult needs an estate plan, and that would be true. But, that reason seems very easy to ignore. It’s one of those woulda, coulda, shoulda things and we all procrastinate. Here are 13 intriguing reasons you need an estate plan. If you don’t have an estate plan: 1. Your children may be placed into foster care, if you are incapacitated, in a car accident, or have a stroke. 2. The court will choose who raises your children if you die, and it might … [Read more...] about 13 Reasons You Need an Estate Plan
How to Include Your Grandchildren in Your Estate Plan: 7 Great, Easy to Implement Ideas
Your children and grandchildren will both be appreciative if you include your grandchildren in your estate plan. The acknowledgement of your grandchildren makes memories, shows your love, creates family bonds, and carries on your legacy. Here are 7 ideas for ways to include your grandchildren in your estate plan; pick what works for you, discard what doesn’t. Set up a 529 Plan for each grandchild. 529 Plans are used to pay college expenses; the investments grow tax free and are distributed … [Read more...] about How to Include Your Grandchildren in Your Estate Plan: 7 Great, Easy to Implement Ideas
7 Ways to Avoid Family Fights with Good Estate Planning
The stress of disability, death, funerals, money, family heirlooms, and hurt feelings are the makings for many a family fight. It sometimes feels inevitable; however, you can prevent much family discord with good estate planning. Keep in mind that family fight prevention is important in all families; it’s even more important in blended families wherein there are built-in jealousies and natural competition. Here are 7 ways to avoid family fights with good estate planning. Talk it Over. … [Read more...] about 7 Ways to Avoid Family Fights with Good Estate Planning
You Need to Gather Estate Planning Documents and Other Important Information
It’s important to have your estate planning documents and other important papers kept in a safe, accessible place. This will allow your loved ones to get the information that is needed after your death, or during an emergency. It’s a good idea to take the time to organize all of your information as soon as possible, so that you’re always prepared and to lessen the stress and burden on loved ones. Take a look at the following information, to better understand this need. If you have any … [Read more...] about You Need to Gather Estate Planning Documents and Other Important Information
What is a Trust? (part 1 of 2)
If you’re beginning your estate planning, you may be considering creating a trust. This can be a great planning tool that allows you to control your assets and determine how they will be distributed after your death. Take a look at some of the information below, to better understand the use of a trust. If you have any questions, or if you’d like to create a trust, meet with an estate planning attorney. What is a trust? A trust is a powerful estate planning tool that many people choose to … [Read more...] about What is a Trust? (part 1 of 2)
Estate Planning Goals to Consider
It can be difficult outlining your estate planning goals when you’re just getting started with the entire planning process. It may seem overwhelming trying to make sure that all of your needs will be met. We’ve outlined some estate planning goals that you may want to consider implementing in your plan. If you have any questions about the information below, or if you’d like to start your estate planning, consult with a qualified estate planning attorney. Decide how your assets will be … [Read more...] about Estate Planning Goals to Consider
6 Estate Planning Documents and How They Help You (part 3 of 3)
When handling your estate planning, you may have fears about not choosing the best documents. Taking the time to understand each document and tool will allow you to create a plan that meets your needs. Take a look at two more documents and tools that you may want to consider using. If you have any questions, or if you're ready to begin your estate planning, call our estate planning law offices. Durable Power of Attorney With this document, you can ensure that your financial affairs will … [Read more...] about 6 Estate Planning Documents and How They Help You (part 3 of 3)
