Estate Planning

Estate planning ensures the distribution of your assets according to your wishes after death. Common mistakes during this process can have unwanted consequences for your heirs and your property. Understanding frequent estate planning pitfalls can help you make a plan...

Estate administration involves managing a deceased person's assets, settling their liabilities and carrying out their wishes. However, this task can come with its fair share of challenges, which require careful planning and consideration. Understanding common estate...

Estate planning is an important step in ensuring that your assets get distributed according to your wishes after you pass away. A transfer on death deed is an effective tool in your estate planning strategy. Real estate ownership If you own real estate property, a...

A 2022 survey conducted by Caring revealed that just 33% of Americans have created an estate plan. The reasons behind this decision vary. Some individuals believe they lack sufficient assets to pass down to their heirs, while others may not have any children to leave...

Estate administration covers a lot of ground and most people will need an understanding of many different aspects of this topic. For example, at some point, you might need to consider contesting a will. To get started, it helps to understand when you have the ability...

Probate is a necessary process where the court will verify a will and oversee the distribution of assets after you pass away. For the family, this process can be long and costly. However, with careful estate planning, you can ensure they avoid it. Own property jointly...

When you frequently visit your aging parents in private and discuss serious matters like estate planning, you may worry about appearing as though you are exerting undue influence. This term refers to when you influence an older person by forcing or pressuring them to...

As your parents age, you may think more and more about what life will be like after they are gone. Part of this change includes them leaving a will for you and any other beneficiaries. Following a few rules and tips while talking to them about this sensitive subject...

Planning your estate will require time and patience. A reliable executor can assure that your affairs will settle according to your wishes. The person you choose to fill this role should have an adequate understanding of your strategy and intentions. Looking for...

Did you know that you can set up your bank and money market accounts to pay out upon death? You may even have insurance, retirement funds and other accounts with payable-on-death options. Therefore, you should contact each financial or transfer-on-death securities...