How Divorce Impacts Estate Planning
One of the keys to proper estate planning is reviewing your estate plan on a regular basis, making sure that it reflects changes to your life and to your family dynamic. Case in point: It’s always important to review and revise your estate plan as you begin divorce proceedings. Consider this: Should you die or […]
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 […]
Estate Planning 101: A Checklist
There are many people who understand the importance of estate planning, but find themselves intimidated by the process. You want to take care of your family, even after your death, but where do you even begin? Which documents do you need? What arrangements should you make? This post isn’t meant to be an in-depth guide […]
Myths and Misconceptions About Estate Planning
Estate planning is all about the legacy you leave for your loved ones, and the stipulations you provide for their ongoing provision and care. As such, it’s important to get it right. Part of that involves sorting through some of the common estate planning myths and misconceptions that have risen to prominence. Here are a […]
Should You Hire an Estate Planning Professional?
Estate planning—like household plumbing or electrical repair—is something that you technically can do on your own, though this is not always a wise or safe idea. That’s because your estate planning is both important and complex. It’s important because it outlines what you want to happen to your legacy, and how your loved ones will […]
When Should You Update Your Estate Plan?
One of the most common misconceptions about estate planning is that, once you create a will and trust, you’re essentially done, and can just put your estate planning documents in a safe somewhere. In reality, estate plans should be reviewed and revised regularly—especially when there are significant changes to your family life. Remember that an […]
Estate Planning for Unmarried Couples
For a number of reasons, more and more couples are choosing to simply cohabitate together than to take the formal step of getting married. Often, these couples assume that their legal/financial status precludes them from needing any kind of estate planning, something that’s doubly true for those couples without children. This thinking is erroneous, however; […]
Estate Planning Matters—Even if You Don’t Have an Estate
In some ways, “estate planning” may be a bit of a misnomer. It’s sometimes assumed that, in order to do estate planning, you need to have, well, an estate—financial assets of some significance. But actually, estate planning is just a matter of protecting the people you love. That’s something we all want to do, whether […]
What Every Family Should Know About Estate Planning
Estate planning isn’t just for the old or for the wealthy; in fact, it’s not even just for parents. Proper estate planning is a means of preparing for the future—making sure your affairs are in order and your loved ones are taken care of should tragedy strike. It’s something that everyone should think seriously about. […]
Including Digital Assets in Your Estate Plan
Not all of your assets are physical in nature; many of them are accessed solely through the Web. These assets can and should be included in your estate plan, but doing so will require some forethought. In this post, we’ll offer a few brief guidelines for ensuring that digital assets are encompassed by your estate […]