Month: July 2020

Individuals often cite their young age or lack of assets as why they don't engage in estate planning. Death has no boundaries, however. It can occur to anyone at any time. A will can ensure that your assets seamlessly pass on to your heirs as per your wishes. Setting...

The unfortunate reality is that families sometimes find themselves at odds during the estate administration process. They don’t agree on the process, they think other people are only looking out for themselves and they’re already going through an emotional time --...

As we enter a new year, many people are thinking about doing their estate planning. This is the time of year when we often set goals and reassess what we want to accomplish. If creating an estate plan is on your list, it’s time to carefully consider exactly what you...

Most parents don’t realize that they’re going to have a child with special needs. If they do, that just means that they have to take extra precautions. This is particularly true in the case of estate planning. With estate planning, it is essential to understand which...

When you’re in charge of an estate or trust, you have a big job and a lot of worries -- not the least of which may be dealing with problematic heirs and beneficiaries who are often impatient or hostile. What kinds of problems can you encounter with an estate’s heirs?...

For most people, estate planning is difficult enough without adding their children to the mix. However, depending on your circumstances, it may make sense to talk to your children about estate planning and the impact it could have on them in the future. What factors...

Estate planning typically focuses on leaving your assets to your heirs. There are other areas, to be sure, such as advance medical planning, but the main focus is on assets. One of the largest assets that anyone owns is their home, so they have to decide how to leave...

Estate plans and other legal tools such as health care directives help you to plan for an uncertain future. No one knows what the future holds, so by planning for different possible outcomes, you can have peace of mind that your wishes will be followed and respected,...

Many people will need long-term care as they age. Around 70% of individuals who are 65 years old will need to use some form of it at some point. But, long-term care needs aren’t limited only to those who are within that age group. Around 41% of people who need...

A special needs plan is one that sets your dependent up for success in the future, even if you cannot be there. It isn’t just about setting up a trust to protect their assets or the assets you’d like to pass on to them. It’s also about making sure they have the right...