Estate planning isn’t just for the wealthy. All it takes is a modest house and a little bit of savings to make handling your affairs after death a very complex affair. If it’s done poorly, the process can overwhelm your children or whoever manages your estate. If it’s not done at all, your assets will end up going through probate court. Either way, it’s something you want to … [Read more...]
How Important is Having a Will?
Beloved entertainer, Prince, recently passed away, and unfortunately he did not leave a will. Now, he has six people fighting over his estate. In order to avoid unnecessary disputes, everyone should consider preparing a will in case of death. Multiple estate planners say that nearly 70% of Americans die without a will. Here are many important reasons that every person … [Read more...]
Why Married Same-Sex Couples Must Now Consider Estate Planning
Following the Supreme Court’s momentous ruling on June 26 to legalize gay marriage nationwide and offer same-sex couples the same protections and rights granted to heterosexual couples, same-sex partners from Florida to Texas to Washington State lined up in front of U.S. courthouses to tie the knot. Well now that their honeymoons are over, these couples must also consider what … [Read more...]
10 Things Not to Forget in Your Will
Leaving behind a will in the event of your death is one of the most important preventative actions you can take in protecting your property, assets, and most importantly, surviving loved ones. Since you won’t be there to resolve any disputes that may arise, it is essential to cover all your bases when writing a will and testament. To make the process easier, here are ten … [Read more...]