Talk to Parents about Estate Planning without Making It Awkward
Discussing estate planning with your parents is a conversation that can be difficult to have. You might not want to think about the day they are no longer here, or even consider that they might experience a decline in health that severely limits their ability to think clearly or communicate with you.
Major Life Events Necessitate Estate Plan Changes
If your life changes, so should your estate plan. Marriage, divorce, death of a spouse, a birth and a changing relationship with a child are just some of the life changes that may affect your estate plan.
What Items Should Not Be Stored in a Safe Deposit Box?
Locking up certain important documents and valuables in a bank vault could turn into a headache for you or your heirs.
What are Biggest Mistakes in Estate Planning?
As you’re making your estate plan, you’ll want to carefully consider everything. This means it may take a while to complete your plan. Here are five things to watch out for along the way.
How Does Probate Work?
A probate judge is an official of the county court system and a judicial official of the state, who decides civil court cases that involve the probate process.
Who Inherited from the Painter Bob Ross?
Bob Ross definitely didn’t make a happy little accident when handling his estate and his likeness after he died in 1995. He made a big mistake.
What are Responsibilities of Trustees and Executors?
A trustee is a fiduciary which, essentially, is a person that owes a legal, ethical and, perhaps, moral obligation to act in the interest of another.
What are the Advantages of a Testamentary Trust?
This legal document can also be beneficial in other situations, such as if you want to leave an inheritance to someone but aren’t sure they will use the gift wisely.
What Should Be Included in Your Estate Plan?
The best time to do estate planning is ten years ago, but the second-best time to do so is now.
What Taxes are Due When Children Inherit Home?
My sister passed away. Her only possession was her home, which still has a mortgage and she left it to my son and daughter, her niece and nephew. What inheritance tax will there be?
