Estate planning is important, because it gives you a final say about how your assets are utilized when you pass. Estate plans are especially important if you suspect that there could be inheritance disputes down the line. That’s precisely the point behind crafting a detailed estate plan — it is …Read More
Your will includes a detailed explanation of how you’d like to distribute your financial assets to your beneficiaries. However, it may not include an explanation of how you’d like to distribute personal items that you own. Who will inherit those heirloom pearl earrings that your grandmother pass…Read More
When you name an executor for your estate, it is crucial that you choose someone who is right for the job. Carrying out the wishes of your will is essential for estate planning and for the future of your financial assets. This is the person who will act in your stead, and hopefully make the decision…Read More
When a loved one dies there are many emotions that must be processed as you grieve, and managing their estate is probably the last thing on your mind. If no estate plan is in place, you may find yourself scrambling during this emotionally trying period. If you have a solid estate plan in place befor…Read More
The world of trusts, wills, and testaments can be confusing, but when it comes to inter vivos trusts vs. testamentary trusts, there is really just one main difference. Inter vivos is Latin for “between the living”, and describes a trust made while the grantor is still alive. A testamentary trust…Read More
Everyone has heard of a will, the famed document in many a movie drama that determines a huge plot change. You may have heard of trusts, or living trusts, as well, but do you know the difference between these two documents? There are critical differences that are important to know as you go about yo…Read More
Estate planning is essential for any individual to make sure that their property, health care, and care of loved ones are set up properly in their absence. A comprehensive estate plan can eliminate legal issues and paperwork that can be overwhelming and confusing. Whenever someone dies there are que…Read More