At times, it might seem as though laws governing your retirement accounts remain unchanging. The truth is, though, that politicians work on changes quite frequently and occasionally they even pass substantial legislation that impacts your overall estate plan. The...
If you intend to enlist in the army, navy, marines or any other branch of the armed services, you are undoubtedly excited about your future. After all, the military may give you a unique skill set you can use to find lucrative employment after your service comes to an...
One of the most important aspects of planning your estate is finding the right person to act as your executor. This person will oversee the closure of your estate and make sure your end-of-life wishes receive proper attention. Because closing an estate requires a...
You may think estate planning is for wealthy or older people. However, even with limited assets, young people need to prepare for unexpected events, too. Regardless of your net worth, you want a plan in place to protect the people close to you. An organized estate...
Having an estate plan can give you confidence and reassurance about your future. Documenting all of your affairs and providing specific instructions regarding the use of personal assets can also give surviving family members comfort and guidance after your death....
You may know what a last will and testament are, but do you know what living trusts are? While everybody should have a last will and testament, many Americans find that adding living trusts to their estate helps create a more nuanced plan. Living trusts offer many...
Probate is the process of handling your estate after you die. Many people have negative feelings about it because of the time it can take and the expense involved. However, probate does not have to be an ordeal. The process is a little different in every state, and...
When one partner in marriage holds the majority of the assets, it can create fear in the other. They may fear that in the event of their partner's death, they may end up left with virtually nothing, which can make surviving in the aftermath exceedingly difficult. But...
Building your estate plan is just step one in the ongoing process of managing your estate. Though many mistakenly believe this is the final step, you have ongoing maintenance and monitoring that lasts long after you complete the plan. Organizing an estate plan review...
Creating a will is a crucial step toward protecting your family should something happen to you. If you do not have one, a court decides how to distribute your assets. Preparing a will ahead of time gives you peace of mind knowing that you have an outline for taking...
