Category: Will
There are a lot of legal documents and it may be wise to learn a bit about them. The Ventura County Star recently published a list of basic estate planning documents that could help you better understand the lingo when meeting with an attorney in “Get to know estate planning documents.” The documents included are: […]
If you are a parent it is likely a will is an essential document. It is likely that once you bring a child into this world you are going to be more concerned about them than you are about yourself which means you need a will as Nerdwallet explains in “Protect Your Family by Writing […]
If you avoid basic estate planning mistakes, you have a better chance of making sure your estate goes to the right people. Mistakes may happen even when people put in their most diligent efforts to avoid them. On the other hand, there are some estate planning mistakes that are easily avoidable. CNBC recently wrote about […]
When it comes to estate planning, a “simple will” is often the starting point for many. But it’s important to understand that a simple will can cover basic needs but may not be right for everyone especially those with more complex situations. As noted in a recent article from The Courier-Journal, “Thank You and Simple […]
States vary on the requirements for what can be submitted to the courts if a will has been created but the original cannot be found. If you have created a will but have lost track of it problems can arise as the Napa Valley Register discusses in its column “Is lost will still valid?,” where […]
There are many ways to transfer assets but you still need a will. There are a number of ways to transfer assets from one generation to another but as Forbes explains in “Do You Really Need A Will?” there are still many reasons to have a will. Anyone with minor children should have a will […]
You can’t easily stop the challenge to an estate plan but you can limit its chances of success. The Washington Blade recently published an article “Myths of estate planning,” which discusses the steps that can be taken to limit the chance of success for any challenges. The steps include: Always keep your will up to […]
Prince passed away without an estate plan and now musicians rethink the future. Following the death of Prince, Billboard has published an article “Avoiding The Prince Syndrome: A Primer On Estate Planning,” which includes some guidelines for musicians looking to protect their heirs with an estate plan. Among the tips are: Hire a good estate […]
No estate plan or a bad estate plan will most likely result in tough times for your heirs. While not all estate plans are equal, they can generally be easy to implement as Kiplinger wrote about recently in “4 Strategies to Avoid an Estate-Planning Mishap.” They include: Get a basic will that details who you […]
There are programs available that allow you to design your own estate plan, but beware of the problems. The do-it-yourself estate plan may seem simple but can create some serious problems, according to the Northwest Indiana Business Quarterly article “Dangers of DIY Estate Planning.” The article discusses many potential pitfalls of creating your own estate […]
