Estate Planning

Personal relationships can have a major impact on estate planning. Frequently, testators focus primarily on beneficiary designations. Picturing a loved one enjoying their inheritance and using it to improve their life can make a testator feel positive about the impact...

When parents bring children into this world, they usually want to offer them every opportunity in life. Giving children financial and practical support is one of the many responsibilities that fall to new parents. While parents are healthy, they can directly fulfill...

It is human nature to procrastinate when handling unpleasant tasks. People put off housework and job responsibilities that they find unsavory. They may also delay taking necessary actions in their personal lives. The process of estate planning involves multiple...

Many people find it easy to procrastinate when it comes to estate planning because they imagine they have decades before they might die. Those without children or other dependent family members may fail to see the value in establishing a thorough estate plan as a...

People generally need to include their most valuable assets in their estate planning paperwork. Assets that people fail to address could cause conflict among their family members. A typical testator carefully allocates certain property to specific family members based...

A will is often the most important document in someone's estate plan. It serves the crucial role of explaining someone's wishes regarding their property and possibly also designating guardians to take care of their children. Someone's will outlines their last wishes...

Powers of Attorney are some of the most universally beneficial estate planning resources. People can use these valuable opportunities to name someone they trust to engage in certain actions on their behalf after some kind of personal emergency. There are many...

Many people may recognize in an abstract way that the creation of a trust could benefit them. However, they may fail to take action on that concept and will instead put off any major estate changes, possibly until it is too late. It is hard to overstate the potential...

It is shockingly easy for typically responsible adults to be irresponsible when it comes to planning their estates. Many people dislike thinking about what happens when they die, so they may avoid estate planning when they should have documents for their own...

As you do your estate planning, the bulk of the work you do just distribute your assets to your children. Maybe you have financial assets in investment portfolios, or maybe you're distributing physical assets from your home. It's most likely some mix of both, as you...