Estate Planning

Those who are asking this question are already on the right track. This signals that you are looking into estate planning tools to help better ensure your assets transfer smoothly and make the most of any potential tax benefits. Two commonly discussed deeds to help...

If you have considerable assets, that may be the focus of your estate planning. However, it’s critical not to overlook estate planning documents that will help protect your wishes and interests should you become incapacitated. Every adult should have a health care...

Crafting a comprehensive estate plan is a critical undertaking for any adult. One of the primary goals of this kind of plan is to provide a legal way to pass down assets. One option for passing certain assets along to loved ones after death is a Lady Bird deed, which...

Many people think of an estate plan as how you can pass down assets to your loved ones after your death. However, there’s something else that you have to think about when you’re getting the estate plan together – making your wishes known in the event that you’re...

Most of the time, a will is going to include two different types of assets. First, you have physical assets that the person owns. These are tangible in nature, and may need to be sold or simply given to various family members. Examples include art collections, homes,...

The will you draft determines who inherits property from your estate and who will care for the people that currently depend on you, such as your minor children or your ailing parents. Many responsible adults create wills when they have people who require financial or...

Estate planning is not an easy process. Not only do you have to think about what happens when you die, but you also have to learn about probate law. Taxes, creditor claims and even Medicaid could affect how much of your estate passes to your loved ones and heirs. The...

Disappointments in an estate plan might result from unrealistic expectations. If you always thought you were your mother's favorite, you might have anticipated her leaving more to you than to your siblings. Receiving an equal share could feel unfair in that situation....

Creating a will and estate plan is an important part of establishing your wishes for your legacy after you pass away. However, simply using these tools is not always enough to make sure that your beneficiaries do not challenge your will when the time comes. In many...