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Building An Estate Plan That Is Right For You
You may have faith that your health will remain solid well into your golden years. However, no one knows what the future may hold. There could be a work accident or a car crash that puts you in the hospital. Those situations will already be very difficult for the...
Most of us spend weeks (or months) planning for milestone life events like our wedding, a major anniversary or a holiday party. But the one event we're all guaranteed to experience -- our funeral -- often goes unplanned until after we pass away. You might not have...
There are various components that you need to get set up when you’re creating an estate plan. For some people, having a will isn’t enough. This is usually because they have a complex estate. Those individuals may need to set up trusts. When you’re trying to determine...
You may never have really thought about estate planning before in your life. You know that you will need to make a plan at some point, but it’s something you figure you can address later on. It feels like it’s much too early in life to consider taking these steps....
The specific terms that you include in your will determine what your family receives from your estate, what other parties may benefit from your property and what protections your dependent loved ones have. Wills can be as thorough or as generic as the person creating...
Your estate essentially determines your legacy when you die. You can plan how to distribute your property prior to your death so that you can create specific benefits or impacts for the people or causes that matter the most to you. Unfortunately, it is altogether too...
Your legacy when you die may involve many different considerations. Some people want to support their children and grandchildren, while others want to give money to charitable organizations. Maybe you don't have many financial resources to pass on to others, or...
When people create trusts, the goal is often their own protection. They want to prevent creditors from making claims against some of their property or set aside resources for their senior years that people won't be able to gain control over through guardianship....
There are those who would say that their faith is why they don't need much of an estate plan. They trust that what will happen should happen and that the people they know will treat them with decency and respect. For some people, their faith could be a compelling...
Losing a loved one, even if they had reached an advanced age or struggled with health issues for years, is still difficult. Grief is a powerful emotion that can take months or even years to fully process. Few things will complicate your grieving process as thoroughly...