Don't think about your estate planning as something you just need to do for yourself. Think of it as something that you need to do for your family. After all, they're the ones who are going to see the negative consequences if you do not.Say that you put off your...
Do I need a probate attorney?
Month: October 2019
3 estate planning documents beyond a will
Your estate planning may start with a will, but you may not necessarily want to let it end there. You have many more options. One of the most common is a trust, which allows you to leave money to the trust -- rather than putting it into your will -- and then letting...
How much do most people have when they retire?
Considering the net value of your assets -- and your debts -- is a good place to begin if you are looking into your estate planning options. To know how to pass that wealth on effectively, you need to know exactly how much you have. People often underestimate or...
Do your heirs owe your mortgage after you pass away?
As you write your will and attempt to decide what to do with your family home, you realize that you could still have an outstanding mortgage loan when you pass away. In an ideal world, you'll pay it all off first, but you never know what the future holds.If you pass...
Should you disinherit a child?
Disinheriting a child means cutting them out of your estate plan. When you pass away, even though they probably expected to get some of your wealth and assets, they get nothing.You do have the legal ability to do this. But should you do it? One thing to consider is...
