Quick Summary: Estate planning is not just reserved for older people with a lot of assets. It’s for everyone, and how it’s done depends on what stage you are in life. …

Each family approaches the subject of end of life and the preparations they have made for the day when they are no longer here very differently. Some families have no trouble discussing any subject. For others, sensitive topics make them feel uncomfortable. Unfortunately, the result is that it is often…

There are some relatively simple ways to get assets into the hands of your loved ones after you pass away. Though these methods can sound ideal on the surface, there will be drawbacks in most instances. With this in mind, we will look at POD accounts in this post. In…

An estate plan should address all of your assets. This is very simple for many people because the main assets in the estate consist of a residence, financial accounts, and personal property. These should be put into a revocable living trust for most families. Beneficiary types of accounts such as…

As Yogi Berra once said, “It’s hard to make predictions, especially about the future.” Yet when you create a trust for your heirs, you have little choice but to make predictions about what their needs will be many years down the road. Because circumstances change, it’s a good idea to…

The number of people reporting some sort of estate planning has decreased by more than 20 percent in the last few years, according to an annual survey conducted by Caring.com, a leading assisted living and homecare referer. So it’s no surprise that many people are unfamiliar with the trust process…

Many people who seek estate planning advice are owners of family businesses, and one of their chief concerns is how to pass on the company to the next generation. The fact is, there are almost as many ways to transfer a family business as there are family businesses. There’s no…

Life is hard enough when someone you love dies. If you and your family are fortunate enough to inherit an estate, the last thing you need is confusion around who gets what. This is where an estate or “probate” lawyer can be a tremendous help to your family’s situation. When…

Almost half of Americans over the age of 55 don’t have a will. Many people don’t want to think about wills and estate planning at a younger age. Still, it helps to prepare yourself. Otherwise, you could leave your loved ones with a mess to organize on their own. Half…