When planning your estate, ask loved ones if they have taken proactive steps to begin their strategy. Regardless of age, health condition or the number of assets, adults should have a plan in place to protect their family members after a death. It can be a challenging subject to approach, but devel...
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The intricate details required to make documents legal are not worth gambling when estate planning. Your best bet is to work with an estate attorney who can ensure your belongings and finances are handled per your wishes after death. Modern technology makes claims that those concerned with creatin...
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By Leon Kelly Owning property, whether real, intellectual, or personal, is a human right. As a matter of record, the Fifth Amendment to the Constitution states that no person should “be deprived of … property, without due process.” However, the owners of any of the aforementioned property that makes...
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Before you can become familiar with estate planning, it’s imperative to understand the concept of an estate. Consider everything you own, including your car, home, bank accounts, and even personal possessions. Your estate consists of everything that is legally yours. When you’re gone, it is in your...
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Do you have a cause about which you are passionate? Consider donating a portion of your assets to an organization so its operation can continue growing with your financial gift. When preparing your will with your attorney, stress your interest in making a lasting impression on a charity in which you...
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Life insurance is an important policy to have when pre-planning your estate. Chances are, you will have remaining debts and taxes to be paid after death. A qualified policy can help alleviate the financial strain of an emotional family that will already be suffering your loss. If you’re still on the...
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You might think your job ends once you prepare a solid plan for your estate. General reviews are as crucial as updating your plan when major life events occur. Don’t forget to periodically review your legal documentation to reflect these happenings. A General Review Even if you don’t experience a li...
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When developing your estate plan, it is important to include your loved ones, especially if they will be beneficiaries or trustees. Discussing this sensitive subject can reveal your family’s level of comfortability when left in charge of your assets. Many people are hesitant to begin the conversatio...
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Developing an estate plan can be the most important aspect of your end-of-life planning process. A solid estate plan can help eliminate the chance for family fights when it comes to dispersing your property, money, and possessions. You’ll need to consider many things when creating an estate pl...
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You are growing older each day. As much of an unwanted reminder that may be, it too comes with the joys and woes you have experienced all throughout your existence. We all reach an age where we find ourselves inundated by the inevitable. Perhaps this has happened to you when the doctor provided som...
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