Estate Planning
Managing the Details of Your Estate and Legal Will
Estate planning is a necessary aspect of managing your personal and financial affairs as you consider the future. This process involves creating legal documents that outline how your assets will be distributed and who will make decisions on your behalf if you are unable to do so.
Exploring the Benefits of Wealth Management
Like getting fitted for a suit, a wealth manager takes your measurements (well, your financial ones). To craft an efficient plan, they’ll examine your goals, income, expenses, assets, tax situation, and risk tolerance.
The Benefits of Starting a Charitable Trust
If you’re considering starting a charitable trust, you’ll need to weigh the benefits with the management costs. You’ll want to evaluate your finances to make sure the money you put into the trust will be surplus and not necessary to sustain your lifestyle.
4 Things to Have Covered When Planning an Estate
Estate planning, for a long time, focused mainly on the distribution of your assets following your death. It’s actually more complicated now than ever, as it can include dealing with making burial or cremation arrangements, deciding health care directives, and even assigning particular individuals to make decisions on your behalf while you’re still alive but incapacitated.
Questions That Seniors Often Ask When They Start the Estate Planning Process
Estate planning can feel like a complicated and confusing process, so many seniors put it off for as long as possible. An estate planner can often make the process easier, but you may still have questions about what all is involved.
Personal Legal Documents Everyone Should Have
Priorities start to fall into place as you age. Planning for the future looks less like scheduling vacations and more like saving for retirement and getting your affairs in order.
Tips for Helping Your Special Needs Child Choose a College
College planning for your special needs child has both academic and financial concerns. As they get older and their independence looms, worries about how your child will support themselves are a source of anxiety for all parents—but undoubtedly more so for parents of children with special needs.
How to Set Up Your Estate for the Future
Creating an estate plan is never something that anyone looks forward to doing. However, you would be remiss to ignore putting all of your wishes in a legally binding document.
4 Most Common Mistakes when Drafting a Will
One of the reasons why most people put off estate planning is because nobody wants to talk about their mortality. However, preparing a will plays a very important role in ensuring proper financial planning. A will also helps your family not have to fight and argue over the details of your estate.
Estate Sale: Managing Parents’ Money and Final Expenses
Probate is one of the areas of the law that is complex enough to require its own legal specialty. There are so many things to keep track of and so many ways an untrained person can make enormous mistakes it becomes not only vital but mandatory that the person or persons tasked with the disposition of the estate get professional advice.
Estate Planning is not Only for the Heirs
Estate planning is a crucial part of every person’s life. However, many people are under the impression that such planning is essential only if they own some property.
The Truth About Estate Planning (Wills, Trusts, and Probates)
To ensure that your estate planning goes smoothly, you must understand the basic laws. This post will also correct some common misconceptions perpetuated by the media to consumers.
5 Estate Planning Tips for Baby Boomers
As people age, they need to think of their long-term future. Not only that, once we get into old age, we should consider our family and what happens to our assets when we die.
