A majority of Americans think estate planning is important, but only about a third have a will. caring.com Those individuals with a will may have moved to a different state or forgot to update their will after life events such…
It is difficult to consider more than just your grief after losing a spouse or a long-term partner, but you need to understand that important and timely decisions need to be made regarding your finances and personal estate plans. In truth,…
A person spends half of his or her adult life trying to achieve financial security, and the other half trying to maintain it. This adage is why many people spend substantial time and effort maximizing their legacy goals in their estate…
It is fairly typical for young adults, even those with professional careers aged thirty or more, to believe they are too young to concern themselves with estate planning. Young adults in their twenties and thirties often think they don’t own…
Despite the COVID-19 pandemic, overall percentages of older Americans without a will, in essence, remain the same. Younger adults with a will show an increase of sixty-three percent comparative to pre-pandemic times. This 18 – 34 year old demographic is…
Your last will and testament is a set of legal instructions that communicates your wishes regarding your dependents and how to dispose of your property when you die. If you have people who you love and care for, then creating…
When parents pass away, family members sometimes end up arguing over mom or dad’s favorite items. Arguments can take place over things like a coffee mug, a piece of jewelry or a painting. These types of arguments can be eliminated…
What is a Will? A will is a legally binding directive stating who will receive your property upon your death and is an important part of a comprehensive estate plan. If you die without one (intestate), the state will distribute…
When a loved one dies with a will, their will lays out who shall receive their property, and which person (called the executor) will be in charge of settling the estate. For many reasons, beneficiaries can feel slighted by what…