Estate Planning

Part of completing your estate plan includes appointing a personal representative of your estate. The person in this role is responsible for the management of your estate upon your death. Your personal representative handles notifications to creditors, settlement of...

Whether you have many or no assets, having an estate plan is important because it ensures the carrying out of your wishes. You can include a variety of documents in your plan, but trusts are an excellent place to start. Different types of trusts You can choose one or...

If you have an estate plan, you have taken a giant step in the right direction to protect your assets and provide for future generations. However, as life's circumstances ebb and flow, so should your plan. Here are four situations that may warrant an update to your...

Creating an estate plan is not for the elderly and infirm. If you wait until you desperately need an estate plan, you are too late. Once you accumulate any amount of assets, estate planning should be a priority. This is especially true for parents. Parents who do not...

You want a say about what happens to your personal property and assets after you die. By creating a will and an estate plan, you can control who receives the assets in your estate following your death. According to the American Bar Association, estate planning...

No matter your age, health, or wealth, you should consider the benefits of having a comprehensive estate plan in place. An estate plan is a collection of documents that can include a will, trust, healthcare directive, and various powers of attorney. When taken...

Many people believe that estate planning is only for older people, but waiting to create an estate plan brings many risks with it. What challenges can arise if you pass away without an estate plan in place? The court will divide your estate according to the law, not...