Those who have taken the time to create an estate plan understand what an incredible gift it is to leave to loved ones. An estate plan offers those left behind less worry and stress while allowing a person to pass on their assets as they wish. Many may think that an...
Not many people like to think about getting older and becoming unable to take care of themselves. Unfortunately, the U.S. Department of Health and Human Services has said that a person turning 65 has around a 70 percent chance of requiring some form of long-term care...
An estate plan is something that everyone should have but would-be estate planners may wonder why they should have an estate plan. Several reasons illustrate the importance of having an effective estate plan. The different ways an estate plan can be helpful include:...
Trusts are an important estate planning tool that can survive a variety of different purposes for estate planners. Because of their usefulness, estate planners should understand the different types of trusts and how they can help them. The most basic description of a...
Estate planners and families alike may have a variety of questions related to what probate is and what the probate process entails. The probate process simply refers to the process of transferring the estate planner’s property upon their death but it is an important...
A will is an important part of any estate plan and there are a variety of legal requirements for a will to be valid that estate planners should be familiar with. The requirements are not the same in every state which is why it is exceptionally important for estate...
This blog recently discussed the importance of an effective estate plan. Part of having a comprehensive overall estate plan is knowing what documents are included in an estate plan and what documents you need for your estate plan. Estate planning documents can help...
Knowing when to update an estate plan can be as important as starting an estate plan. Estate planners should be familiar with what circumstances should lead to an estate plan update so they can make sure their estate plan always reflects their most current wishes and...
