Category: Trusts
With the traditional family on a downward trend, the modern family is raising some new questions for estate planning. The rising numbers of modern and blended families have created some challenges for estate planning, according to Forbes in “How Long Will Stepmom Live? And Other Vexing Estate Planning Questions for Modern Families“. An example is […]
The tale might be light-hearted, but it is actually a dire position for the daughter. Proper estate planning by Cinderella’s father could have created an entirely different outcome in that very famous fairy tale, according to The National Law Review in “A Cautionary Fairy-Tale–If Only Cinderella’s Father Had An Estate Plan“. To refresh your memory: […]
It isn’t difficult to get the process started. Many Americans make New Year’s resolutions. However, it turns out that very few keep them. One New Year’s resolution that is relatively easy to keep and helps prevent your family from unnecessary stress in the future is getting your estate plan in order, according to The Sentinel […]
Handling the decedent’s final affairs. When a family member passes away, there are some important papers and information that must be gathered. The smart way to address the issue is to gather the papers beforehand and have assistance from an estate planning attorney, according to The Balance in “Important Papers to Locate After Someone Dies“. […]
Now is the time to handle those details you have overlooked. There may be a number of estate planning details that you have not addressed in previous years. This year is a good year to get it done, according to the Pittsburgh Post-Gazette, in “As a new year closes in, resolve to get those pesky […]
The estate plan is a major tool to protect your family. Okay, you now have an estate plan. What’s the biggest mistake you can make? Not updating the plan as the years go by and life changes occur, according to the Times Herald in “Top six estate planning mistakes“. Another big mistake would be to […]
An estate planning resolution can be beneficial to everyone. There are many possible New Year’s resolutions. However, a good one to consider may well be creating an estate plan or taking a fresh look at your current plan, according to the Grand Rapids Business Journal in “Incorporate estate planning into New Year’s resolutions“. Resolving to […]
Everyone dies but what documents do you need in your lifetime? When it comes to estate planning, people often focus on what is needed when you pass away. However, there are some key documents you don’t want to go without in your lifetime, according to nwi.com in “Estate Planning: 3 important estate planning docs, and […]
What might happen if you have the talent for success but not the talent for business? As can often be the case, many extremely talented people accumulate large estates and they often are not prepared to take on the task of organizing the transfer of assets, according to the Reno Gazette Journal in “Yes, even […]
Sometimes even having a will is not enough. Most people do not want their finances released to the public. However, if they are not careful with their estate plan, their financial world will become an open book, according to the Robb Report in “Rest in Wealth: The Ins and Outs of Estate Planning“. An example […]
