Tips 1&2- Prepare for Your Future by Drafting a Will and Selecting an Executor Drafting a will is essential to the distribution of your assets upon your passing. This document gives you the ability to decide exactly how your estate will be managed upon your
How to discuss estate planning with your loved ones this holiday season? With the holiday season coming around and the gathering of family members you probably have not seen in quite some time, it is the perfect time to discuss estate planning for the future.
Young Individuals Seem to Believe Life is Endless: Young members of society are constantly focused on the present and the upcoming near future. It is highly unlikely that a 30 year old has begun planning for his potential death. In fact, many young individuals follow
The process of probating an estate is notorious for two main reasons: 1) taking several months up to several years to complete and 2) eating up a considerable chunk of the estate in the process. That being the case, one of the primary reasons that
Without a legal background, the world of estate planning can certainly seem complicated. While some people may understand the concept of a will, estate planning encompasses a variety of legal documents that each play a different role in making sure your assets are properly distributed
With great power comes great responsibility, and entrepreneurship is definitely a tremendous responsibility. More often than not, a business is a one-man team, and entrepreneurs, like all human beings, sometimes encounter unforeseen circumstances. Moments like these call for proper estate planning, particularly for three emergency
Choosing Between a Revocable Trust and an Irrevocable Trust What is a Trust? Trusts are employed by individuals and families to distribute their assets in a fast and cost-efficient way. Shared benefits of all trusts include the conservation of the time and costs associated with probate. In addition, the