Roughly 1 in 3 adults will develop some level of dementia during their lifetime. Nearly 1 in 9 adults 65 and older will develop Alzheimer’s disease. Along with other health issues and accidents, it simply makes sense to proactively designate someone as your agent in the event of incapacity.
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.
These days, couples can be emotionally and financially dependent upon each other well before marriage. The longer the relationship lasts, the more likely they are to be financially intertwined. This means estate planning may be necessary to completely reflect the relationship.
The end of the year is the perfect time to look back at all the changes and make a few moves to protect your family and your assets in 2017.
Going through divorce can be an overwhelming experience. But if you are divorced or considering divorce, do not forget to review and change your estate plans.
Your college-aged children are adults in the eyes of the law. This means you no longer have the same legal rights regarding your child. So what sort of estate planning does your student need?