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Losing a loved one is undeniably challenging. The absence of an estate plan can complicate matters even further. What should you know about intestate succession and the importance of creating an estate plan? Who will receive your assets if you do not have a plan? If...
Planning to care for your family after you pass away is likely a priority for you. There are several things to consider when you’re trying to figure out how to handle things in ways that can better help to ensure short-term and long-term factors favorable results...
As you plan your estate, you have the option to name a power of attorney. A power of attorney is a useful agent that may be necessary if you suffer a severe injury or illness and can no longer care for yourself. The person you name as your power of attorney can act on...
There are a lot of complex terms to learn when planning an estate. As a testator, it can help to learn about terms like power of attorney, executor of the estate or child guardian. However, when making a will, you may want to begin by learning the difference between...
Estate plans allow a testator (the person making the plan), to leave instructions for their estate when they pass away. They can name an executor who will take responsibility for implementing their wishes. The estate planning process can take some time and work to...
A will is one of the most crucial legal documents you can ever create and sign. Done right, a will can take the guesswork out of the equation and articulate your wishes when you are no longer around to speak for yourself. Without one, on the other hand, the government...
More and more often, people are purchasing digital assets. They are spending thousands of dollars on video games, music, ebooks, movies, TV shows and much more. These digital assets used to be sold in physical formats like CDs and DVDs. But they are now often being...
Many parents and grandparents are concerned about estate disputes when making their estate plans. They know that they want to leave assets to heirs and beneficiaries, but they also know that a dispute could put these people at odds with each other, and that would be...
A will is a complex legal document in your estate plan. Simply put, a will is a set of instructions left behind for family and friends of the deceased (or testator) that detail how the deceased’s assets are distributed. Typically, testators have their assets...
One way to address changes to an estate plan is simply to set up a schedule to make these updates and alterations. You certainly don’t want to just ignore your plan, which is a mistake that some people make. You could update it every 3 to 5 years to make sure it’s...
