Category: Will
Two of the keys to estate planning are wills and trust, but what does one actually need? Wills and trusts are two of the key strategies for passing on assets in estate planning—with a trust generally being the most complicated. The Brainerd Dispatch recently discussed whether a trust is necessary in “Commentary: When does it […]
There are some documents that everyone needs for estate planning, but there can be additional requirements depending on how complex the estate gets. Some estates are simple, and some estates are very complex and require many, many legal documents; however, all estates need a few basic documents as discussed by the Chicago Tribune in “Documents […]
Estate planning can help make sure any transfer of wealth goes smoothly. Members of the Baby Boomer generation have made a considerable impact on the country and are about to make another one as they inherit from the previous generation and then pass it on to their children, according to Huffington Post Canada in “Estate […]
Same-sex couples would be wise to get an estate plan rather than just depend on new legal protections. If same-sex couples get married in the U.S. today, they enjoy legal protections, but the Huffington Post recently gave some tips for same-sex couples in “5 Estate Planning Tips LGBT Families Need To Follow In 2016,” including: […]
Everyone, including lifelong singles, should have an estate plan. If you are not married and do not have any children, you might think you do not need an estate plan, but the NWI Times recently addressed this in “Single childless adults need to plan too.” As the article points out, if such a person passes […]
You do have an estate, and if you don’t have a plan, a court steps in and handles it … and perhaps not the way you’d like it done. We are all aware of the estates left behind by the very wealthy and don’t think of the term “estate” for the ordinary person, but as […]
If you are considering an estate plan but don’t know where to begin the first step is looking at the basics. While an estate plan can get complex depending on the circumstances it might be best to take a look at the basics as Yahoo Finance recently discussed in “Understanding the basics of estate planning.” […]
High school graduates don’t usually consider an estate plan but perhaps they should. Recent high school graduates may be in the market for estate planning, according to the Union Leader in “High School Graduates Have Estate Planning Needs.” High school graduates generally are thinking about going to college or getting a job but perhaps they […]
Increased terrorist and fear of plane crashes increases interest in estate planning in U.K. Residents of the United Kingdom are considering estate planning because of fear of terrorist incidents and plane crashes according to the Daily Mail in “After terror attacks and the MH370 disappearance more people are making ‘holiday wills’ because they’re afraid of […]
The Onion’s satirical article on preparing a will may not be all bad. The satirical magazine and website The Onion, known for its fake news stories, actually gave some good estate planning advice in its recently published satirical article “How To Prepare A Will.” The piece starts with “Come to grips with the fact that […]
