Most of us are well aware of the fact that we need to have a will, but once you spell out your wishes in writing the matter is not closed. Someone is going to have to do the formidable legwork that it takes to carry out those wishes once you pass on, and this individual … [Read More]
Estate Planning & Funeral Wishes
Aside from enabling the distribution of assets efficiently and effectively, one of the goals of estate planning is to do what is possible to ease the stress on your loved ones upon your passing. Regardless of the circumstances surrounding your death, those who care about you will be in pain at this sensitive time, and … [Read More]
DIY Wills
There are times when you consider hiring someone to do a job and then say to yourself, you know what, I can do this myself and save some money, and I think I’d actually enjoy it. This mentality is what keeps the parking lots of the home improvement stores buzzing on the weekends, and there … [Read More]
What is a Living Trust?
When you pass away, there are essentially three ways your estate can be handled: The first is according to the laws of intestacy. These are state laws that dictate how assets should be distributed when the deceased dies without an estate plan. The second way is through a Will. In this instance, you get to … [Read More]
How to Fund your Living Trust
Living Trusts can be great tools for people who wish to protect property for their heirs, delay distribution of assets to heirs, or simply avoid the costly process of probate. Unfortunately, some people draft Living Trusts and then do not properly fund them before their death, meaning the estate must undergo probate. Fortunately, there is … [Read More]
Do You Need A Will?
Do you need a Will? That all depends upon where you’re at in your life. Someone in their early twenties for example, may not yet have a family to support nor own any major property. In this instance, a life insurance policy might be all you really need at this point. But once you start … [Read More]
What Makes A Good Estate Plan?
Estate planning is the process of getting your affairs in order before the unthinkable happens. Most people assume the “unthinkable” is death, but this includes incapacity as well. Think about it: if you became mentally disabled, would you and your assets be protected? Most estate plans consist of about four to five documents; the documents … [Read More]
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