Planning for retirement involves more than just saving money and dreaming about leisurely days ahead. It also requires careful consideration of your estate plan to ensure that your assets are safe and distributed according to your wishes. To help ensure a carefree...
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Estate Planning
What is probate and why does it matter?
People in estate planning circles may have mentioned the word probate to you, or perhaps someone advised you to avoid it. Before getting into all of that and making a decision, it is critical for you to understand what probate is and is not, so you can make informed...
Is it time to update your will?
Creating a will is essential in estate planning, as it allows you to specify how you want to distribute your assets after your passing. However, life circumstances and goals can change over time, so it's necessary to regularly review and update this document to ensure...
4 points to keep in mind when choosing your executor
If you are preparing to draft your last will and testament, you must name the person who will serve as executor and carry out your wishes. Administering an estate on behalf of a decedent is hard work. Here are four points to consider when choosing your executor. 1....
A living trust can help your estate avoid the probate process
When most people think about estate planning, their thoughts immediately jump to the creation of a will. Trusts, if they are thought about at all, are usually considered a tool for the wealthy. You might believe that there’s no way you could benefit from the creation...
What happens when a person dies without a will?
Your father died suddenly. No one was expecting it. Just one day, he was gone. You take it upon yourself to go through his legal papers but, having spoken with your mother, realize that he did not make a will. Without a will, you fear your family will start arguing...