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Now that you’re getting older, it might start making sense to update your estate plan more regularly and to make sure it is designed in a way that makes sure you have what you need in the case that you have to qualify for Medicaid or other medical services. Your...
A will is a powerful legal document that determines who inherits from an estate and possibly gives someone authority over minor children when their parents or guardians die. Individuals create wills to provide for their loved ones when they die and to have a lasting...
Your estate plan helps protect your family and lets you sleep peacefully at night knowing you will leave no unresolved issues if you die. You may have invested many hours of careful consideration into the estate plan you created. It is normal to expect those documents...
No one wants to think about leaving behind their pets when they die. They also don’t want to imagine a time when they can’t be there to take care of them because they’re too ill or injured to do so. Unfortunately, those things do happen, and pets can end up being...
For many families, reviewing someone's will or estate plan is a technical process. Everyone already knows what to expect, so there are no surprises in the early stages of estate administration. For a small number of families, the terms in the estate plan will come as...
The equity you have built up in your home over the years is potentially your biggest source of personal wealth. It may be the most valuable thing you have to pass on to your loved ones when you die. Especially if you are now the sole owner of the home where you live,...
There are many responsibilities that fall to the personal representative of someone's estate. Their job includes securing property, presenting financial and estate documents to the probate courts and even paying off debts on behalf of the estate. Debts owed by the...
As a parent who is working on your estate plan, there is one thing that you need to consider above all else: how to protect your children. There are estate planning tools that will help you protect your kids if you are suddenly incapacitated or pass away, and those...
You never expected to lose a parent so early in your life. Being a relatively young adult, you thought that you’d have your parents with you for much longer. Since both have now passed away, you weren’t surprised that you had been named the executor of the estate....
Becoming a parent is frequently the reason why people choose to create estate plans. They worry that their children will be vulnerable if anything ever happens to them, so they take action to offset some of those risks. Whether you just learned about a pregnancy or...
