Do You Still Need Estate Planning if You Don’t Have Children?
One of the most common misconceptions about estate planning is that it’s primarily important for those who have young children. Though leaving a legacy for one’s descendants is certainly one of the perks of estate planning, it’s not the sole focus. Even those who do not have children can benefit from estate planning—and in a […]
5 Estate Planning Documents for Business Owners
Business owners tend to focus on ways they can grow their business—and that’s a major what makes the company successful. In the interest of preparing yourself and your company for all contingencies, though, it’s also important to consider what will happen should you become injured or incapacitated—or, if you suddenly die. Estate planning will help […]
Which Assets Should You Leave to Your Family?
A big part of estate planning is deciding how you’ll pass along your assets— specifically, deciding which assets to leave to which family members. The more assets you have, of course, the more challenging this becomes. There are a few different factors to consider as you determine how to distribute your assets. In this post, […]
10 Estate Planning Steps You May Have Forgotten
Estate planning encompasses many different goals—expressing your end-of-life wishes, protecting your legacy, providing for your family, and ensuring the continuity of your business, among others. It’s easy to neglect some key steps in the estate planning process; here are 10 smaller concerns you’ll want to make sure you remember. Estate Planning Reminders Do a thorough […]
Key Factors in Succession Planning
When you’re the leader of a major company—or even a smaller business—it’s only natural to wonder about the future. What will happen to the company once you step aside? Who will run it should you die unexpectedly, or find yourself medically incapacitated? Succession planning helps to address these issues and provide a road map for […]
Who’s the Most Important Person in Your Estate Plan?
Estate planning enables you to leave a legacy behind, and to provide for your family members even after your death. As such, it’s tempting to define estate planning as something you do for other people. To an extent, this is true—yet it’s also important to note that estate planning is something you do for yourself. […]
Common Myths About Trusts & Estate Planning
Through estate planning, you can protect your legacy and provide for your family and close loved ones—even after death. It’s much too important to get wrong, so before you begin your estate planning efforts, it’s important to dispel a few common rumors. Estate Planning Myths & Misconceptions “Estate planning is only for the wealthy.” The […]
How Much Should You Pay the Executor of Your Estate?
In the estate planning process, it’s crucial to name an executor of your estate. This is the person tasked with the administrative tasks that must be done following your death, ensuring that your estate is properly distributed. In most cases, the executor will be a family member, friend, or attorney—someone you know will be trustworthy […]
Update Your Estate Plan for the New Year
The beginning of a new year is always a good opportunity to look over your estate planning documents, ensure they align with your wishes, and make any necessary revisions—particularly taking into account any family changes or other big events from the previous year. Review your will and consider not just assets, but the people involved […]
Common Questions About the Last Will
Many individuals believe they know, more or less, what writing a will entails; the truth is that there are a lot of complexities and grey areas, and some of the specifics can vary from one state to the next. Before you begin the process of drafting your own last will—something we recommend you do with […]
