Disinheriting a loved one can be a tough choice. It should be considered an extreme step to be used in rare occasions. Unfortunately, it is necessary at times.
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.
Many people understand that a will is important to pass on property to your heirs. However, most people do not understand that a will is a publicly available document.
Anytime someone believes they could get more through intestacy or a prior will, an incentive for a will contest exists. When creating your own will, it is important to be aware of situations that make will contests more likely.
A will is one of the oldest estate planning documents. It provides the last chance for the deceased to act upon the living and let them (and the world) know how they feel.
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.
On Halloween, kids dress up to “trick or treat” the neighborhood while parents hand out candy. So what does the holiday have to do with estate planning.
Estate plans can have all sorts of hidden issues. You don’t need years of study or a law degree to identify some of these very common problems in your estate plan.
I was told that a trust isn’t enough. I was told that I also needed a “pour-over will.” What is this? Why do I need it?