As people age, they often consider how they want their final days or years to proceed. For example, many contemplate whether to accept or refuse life-prolonging treatment in the case of incapacitation. At first, you may feel troubled by these thoughts, but it is a...
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Estate Planning And Probate
The increasing importance of digital estate planning
How much time would you say that you spend each week either engaging with online resources or utilizing other electronic means of communication, like email? Have you ever given any thought as to what will happen to your online assets and accounts once you pass away?...
A brief guide to estate plan changes as you divorce
If you’ll be divorcing soon, the last thing on your mind may be your estate plan. On the other hand, you may be eager to get your soon-to-be ex off any many parts of it as soon as possible. If you don’t have a plan, this is a good time to start thinking of putting one...
Three important estate planning questions to consider
Estate planning is not just about establishing who inherits from your estate. It also addresses how your assets are controlled after your death and any decisions that need to be made later in your lifetime. It is a complex set of legal documents that should not be...
Life insurance doesn’t need to go in your will
You may think that it is a good idea to put your life insurance policy in your will when you're making your estate plan. You know how much money the policy is going to pay out, so you assume that it just becomes part of your estate when you pass away. You want to use...
Power of attorney designations assign duties
People who are thinking about their estate plan may become so focused on the will and trusts that they forget about the need to make plans for what will happen if they become incapacitated. The fact is that bills won’t stop just because you aren’t able to make...
How a trust can protect your family wealth
Have you thought about what will happen to your family wealth after you are gone? Are you afraid that everything will go to the dogs due to mismanagement or wastage by the heirs? Then you need to consider having a trust as part of your estate plans. It is a useful way...
Why are people reluctant to tackle estate planning?
An estate plan can ensure that your loved ones are looked after should something happen to you. It can also mean that you always get the medical care that suits your needs. In fact, there are a host of benefits that estate planning can bring to you now, never mind...
Ask these questions to make the most of your estate plan
If you are working on your estate plan this year, now is the time to start asking some tough questions. By doing so, you can make sure you touch on every important subject that comes up and be prepared for issues like incapacity or Medicaid qualifications. When...
How to get the most out of your estate plan
Planning for what happens to your assets in the future can benefit both you and your loved ones. Firstly, you can ensure that all of your final wishes are carried out. Also, your family will obtain peace of mind as well as the financial security that you aimed to...
