Category: Estate Planning

You’ve probably heard of the importance of estate planning, but you still may not know its real purpose. It is certainly true that estate planning is used to ensure that your loved ones receive your assets and are cared for after you pass away. When you die intestate...

You’d be hard-pressed to find someone who hasn’t been at least slightly impacted by the coronavirus pandemic. For many Americans, it has greatly injured their livelihoods and financial health. As we move forward in light of COVID-19, it’s important to determine whether any of your estate planning documents must be revised based upon how...

As our economy continues to suffer as a result of the coronavirus pandemic, millions of Americans are experiencing severe loss of income as well as mounting debt. For Baby Boomers and older Americans who have planned and saved for retirement, this was far from expected. Instead of leaving their children with large assets, it’s...

While marriage used to be standard for cohabitation, such is no longer the case. Many people choose to cohabitate with each other without being married. However, despite the absence of a marriage certificate, long-term partners or companions are often as dedicated and connected as those who are married. The main difference though is that...

From unclogging a toilet to building a house, with the Internet and sites like YouTube being more popular than ever, you can pretty much figure out how to do anything yourself. This can prove extremely helpful when you want answers now – and want to save money in the process. However, it’s important to...

When we pass away someday, we often hope that our assets can be provided to those whom we love. The last thing that we want is for those very individuals to get into a dispute over the estate. Unfortunately though, this can occur even within the closest families often due to the emotional strain...

As a proud melting pot of the world, the U.S. often becomes home to non-U.S. citizens. But what happens when a non-U.S. citizen dies in the U.S.? Generally speaking, this does not pose much of an issue for distributing that individual’s estate according to their wishes via their Will or other estate-planning documents. However,...

Dementia is a word used to explain a set of symptoms such as memory loss, a decline in problem-solving skills, and unclear thinking. It serves as the umbrella term to a number of diseases. One such disease that can be considered a type of dementia is Alzheimer’s disease. In...

We’re now living in an Amazon world. What was once done in person is now done online. We use our computers and electronic devices to do just about anything and everything. One such thing that has also migrated to an electronic format: forms. Many industries now rely upon electronic filings, commonly referred to as...

Most of us know that it is very important to have a Will. For many, this is a necessary document for estate planning. But while Wills are in fact an important estate planning document, they are not the only important part of an estate plan. Estate planning involves a variety of legal documents...