What Shouldn’t Be Put in a Will?
“While the number of older Americans with wills has been dropping in recent years, that doesn’t mean you should forego this legal document.”
How Do I Write a Will?
“Most people should have a will, but it’s rarely the most significant estate planning document an individual holds.”
What Does the Role of Estate Executor Entail?
“At some point in your life, there’s a good chance you’ll be tasked with acting as the executor of an estate.”
How Can I Clean Up My Estate Plan?
“While estate planning can be emotionally taxing, since you must consider a time after your own passing, it is important to be proactive, both for yourself and for loved ones.”
Is There More to Estate Planning Than Writing My Will?
“One reason for having a will is to make sure your wishes are carried out. If you die “intestate” (without a will), your assets will be distributed by state law, not by your desires.”
Should I Ask Mom and Pop about Their Finances?
“There are now more than 70 million Baby Boomers in the U.S. However, millions of adult children may not be prepared to make important decisions about their parents’ future if necessary, because of a lack of knowledge about their parents’ finances.”
Should I agree to Be an Executor of an Estate?
“Usually when asked to be the executor of a family member’s estate, the person feels honored and trusted. It’s a big responsibility, since the executor will be carrying out a person’s final wishes.”
What Should Same-Sex Couples Know about Estate Planning?
“Some people might assume that estate planning is only for the wealthy. However, the reality is that anyone can, and should, engage in estate planning, regardless of wealth. Although creating an estate plan for same-sex couples isn’t totally different than for heterosexual couples, there are some considerations that are unique to same-sex couples.”
What Do I Need to Know about Second Marriage Estate Planning?
“A second marriage can be a balm for the heartache of losing a spouse, be it through death or divorce. Nevertheless, if there are children or other heirs involved, you should consider carefully what will happen with your money and possessions, when you pass on.”
What are the Estate Planning Essentials?
“If you want loved ones to remember you fondly, tackle your estate planning tasks. Your heirs will thank you for not leaving a legal mess to sort out.”