Preparing for future events is critical for any business owner. That’s why it is essential that business owners and entrepreneurs create contingency plans in the case of incapacity or death.
Many people believe that simply transferring their home to their loved ones is an easy way to avoid estate planning. However, there are several hidden dangers that you need to consider before making the transfer.
Some California residents own homes in other states. It could be just over the border in Arizona or Nevada. Or it could be in a much more distant location. When owning homes in two states, it is important to take estate planning into consideration.
Many people think that estate planning is only for people with large estates. In trust, planning can provide protection for everyone regardless of their estate.
Trusts are a common and powerful estate planning tool. It is important for everyone involved to remember that a trust is a legally enforceable document.
When making or reviewing an estate plan, it is important to remember to check the beneficiary designations on your financial accounts.
It is common for people to get their estate in order at the end of their life. Without an estate plan, heirs may need to pay avoidable taxes, spend time in probate, or even lose their inheritance altogether.
While everyone should have an estate plan, artists are just one category that often have special estate planning needs.
Valentine’s Day is for lovers! So what does estate planning have to do with Valentine’s Day?
Nobody is immune from estate planning mistakes, not even wealthy and successful celebrities and politicians. Let’s see if you can match the mistake to the right celebrity.