Our lives today revolve a lot on the digital side of things, from emails to social media accounts and more sensitive digital assets like cryptocurrencies and online subscriptions. When planning your estate, it is crucial to make sure that your digital assets are...
Two important terms to understand during the estate planning process are “beneficiary” and “heir.” Both of these terms are related to who has the benefit of inheriting assets from an estate after the testator passes away. However, these terms are used in different...
If you are creating an estate plan, then you should be aware of your asset protection options. While your will can instruct how your assets are distributed, a will is not the only document that can do this. You can create a trust to do the same. Why would you have a...
If you are considering making an estate plan, then it is best to keep the momentum going and get it done. Too many people put theirs off, always finding something more important to do and that can leave them and their family vulnerable if something happens to them. To...
It’s very clear that people procrastinate making an estate plan when you look at the statistics. After all, most people will say that having a will or an estate plan is relatively important. But the stats show that 2/3 of Americans haven’t actually written will. So...
Most American adults have not taken the time to create an estate plan. It may be that some consider estate planning to be something for the wealthy or elderly. However, everyone can benefit from making an estate plan, regardless of age or net worth. Here are five...
If you own a business, a business succession plan needs to be part of your estate planning. Remember that a succession plan doesn’t just detail what will happen to the business if you pass away. It can also influence a transition in leadership whenever you choose to...
The danger of becoming a victim of identity theft doesn’t end when you pass away. In fact, it can increase significantly. Some 2.5 million people become the victims of identity theft after they die. Those who steal the identities of deceased people are known as...
Creating a comprehensive estate plan is an important step in managing your affairs and in better ensuring that your loved ones are taken care of after you're gone. However, even with the best of intentions, how you choose to approach your distribution of assets can...
The arrival of a new child into a family inevitably causes parents to rethink their approach to any number of pressing concerns. Among these considerations should be the creation or revision of an estate plan. While it may seem morbid to think about estate planning at...
