There are a myriad of myths and misconceptions around estate planning. Understanding the intricacies of estate planning is essential to ensure the orderly distribution of assets and protecting the security of your loved ones. Here are some of the most common estate planning myths you should know about. Get Estate Planning Help Myth 1:…
If you are interested in charitable giving in your will, it is important to understand how to properly name a charity as a beneficiary.
Tips on unmarried & child free estate planning. How to choose an executor, naming a charity as a beneficiary, & planning for your pets.
After drafting your will, you will likely need to update it several times over the years. Learn when and how to update your will.
Not Making a Will One of the most obvious common mistakes is simply not making a will. Most people realize that they should have a will, but many keep putting it off until it is too late. Creating a will is an essential part of estate planning, no matter your age or health status. If…
Do you have more than one version of your will? It is important to fully understand what would happen if you left behind more than one version of your will, and how to avoid any confusion. Speak to a Will Lawyer Why Would There Be Multiple Wills? If someone has made changes to their will,…
A will is essential and creating one should be the first step you take toward estate planning, but most people require more than just a will for a complete estate plan. Estate planning will look different for different people, depending on the type of assets you have and how many beneficiaries you have. Here are…
What are the Responsibilities of an Estate Trustee? Your estate trustee is responsible for administering trusts, including inter vivos and testamentary trusts. This means that trustees’ responsibilities include administering the trust, executing the estate’s terms in a timely manner, and acting in accordance with the best interests of the beneficiaries. Being a trustee is a…
Pets are wonderful companions that become part of the family. Having a pet can provide people with a sense of purpose, decrease loneliness, and can improve quality of life for those who are aging or ill. However, many people do not know how to plan for their pets’ care after they are gone. Options…
What is a Living Trust? A trust allows you to provide financially for dependents or other loved ones, such as children or grandchildren. A trust can be set up in various ways, depending on your individual needs and preferences. One of the most common types of trust is called a “living trust.” A living trust…
