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When preparing for our future with estate planning, the first question we ask ourselves is “What should I include in my plan?” However, there is no one fixed way to create an estate plan. Each person’s situation is different and would require estate planning tools...
Without any doubt, your loved ones will one day feel your loss very heavily. Naturally, you want to do everything in your power to make it easier for them when the time comes. Unfortunately, the probate process can be a serious strain, and any problems that come up...
When a loved one passes away, the legal and financial process that follows often feel overwhelming, especially when you think about how long the process will take and how much it will cost. The same applies if you are the one who passes away and leave your loved ones...
Trusts are versatile instruments used in estate planning to manage and distribute assets according to specific terms. Each type of trust serves a unique purpose and is suitable for different situations. Consider these two common types of trusts: 1: Totten trust A...
Dying intestate refers to passing away without a valid will or estate plan. This situation has specific legal implications for the distribution of assets, guided by the state's intestacy laws. Understanding these rules can help ensure that your assets are distributed...
All the assets you worked hard to accumulate throughout your lifetime make up your estate. Your estate is the legacy you leave behind. Of course, you would like to protect your legacy from creditors and mismanagement. Estate planning can help you do that, but you may...
When someone dies, there are usually a lot of different notifications that have to be made – not the least of which involves the Social Security Administration (SSA). Whether your loved one was receiving retirement benefits, Social Security Disability Insurance (SSDI)...
Losing a loved one can be very difficult, but there’s still a lot of work that has to be done to settle their estate – and the “business” of wrapping up their final affairs generally starts with obtaining a death certificate. A death certificate is typically prepared...