Creating an estate plan is a responsible step to take as you get older. However, many people don’t realize there’s more to just your estate plan than your will and trusts. An important part of estate planning is creating an advanced health care directive. The form is...
estate planning
Why you need to check insurance beneficiaries when updating a will
Your will and other estate planning documents determine what happens to your property after your death. It is a smart idea to frequently review and update your estate plan. As your family changes and your financial circumstances evolve, your wishes will change as...
2 signs you need to update your will
Do you have a valid will in place? Congratulations! You are well ahead of the game. A will is, perhaps, one of the most important legal documents you can ever sign while alive. So how long ago did you draft your will? Does it still reflect your wishes? Will creation...
What are the witness requirements of a California will?
A will is often the most important document in an estate plan. Someone's will may give instructions about what to do with someone's property and how to care for their children after their death. In lieu of a trust, a will may be the primary way to pass property to the...
How divorce can impact your estate plans
A divorce is a significant event in the lives of former spouses. The process can be challenging initially, but former partners can come through the other side and build a better future. If they have children together, they may even be able to remain amicable as...
How have intrafamily political disputes affected estate planning?
Americans seem to be more divided than ever regarding political, social and even health issues. Many of those divisions have caused serious rifts within families. Some families have become so divided that people are considering leaving children out of their will and...
Common reasons why your will may be invalidated
A will is a legal document that speaks for you when you pass on. Through your will, you can articulate your wishes with respect to how you want your assets to be distributed. Among other functions, you can also identify a guardian for your young kids should you die or...
A DIY will could cost you more
Most people are apprehensive about talking about estate planning, but these are conversations that need to be had. Ensuring that you have an estate plan that accurately reflects your wishes offers security to both you and your loved ones. As the topic of estate...
What’s the difference between revocable and irrevocable trusts?
Many people working on an estate plan are concerned with how quickly and easily they can get the assets to their loved ones. One of the best ways to do this is to establish trusts that can pass the assets down without going through the probate process. There are many...
It may be time to revise your estate plans
Having a solid estate plan in place is a step in the right direction. However, changes in your circumstances may need you to relook at the strategies you have in place – and every estate plan needs to be reviewed from time to time. Generally, it is recommended to...
