Estate Planning

Does it surprise you to learn that only one-third of adults have any kind of estate plan? When you have children, this can become a bad situation because the courts will determine custody. However, choosing someone to care for your children when you cannot is a...

Planning for the future involves more than just distributing assets and designating beneficiaries. A comprehensive estate plan should also account for the possibility of your long-term care needs. Here are three reasons why incorporating long-term care in your estate...

Caring for a child with disabilities requires attention, patience, and understanding. Ensuring that these children receive the proper benefits they need for their well-being is a top priority for parents and guardians. Thus, it is important to know how to protect...

A trust can enable you to protect the assets you pass on to your beneficiaries for years after your death. Even if your heirs are financially responsible, mature adults, there are still situations in which having a trust can be beneficial. You can protect your...

If you are like most people, you want to make life easy for your loved ones. One way you do that is through the inheritance you leave them when you leave this earth. Unfortunately, if you have not set up your estate plan properly, much of it may end up in government...

When you start the process of drafting an estate plan, your friends, family and advisors might speak of probate in a negative light. Probate is necessary for confirming the validity of a will, but you should nonetheless be aware of how probate might affect the...

The title of an asset refers to the nature of its ownership. When you assume ownership of a home, business, bank account or any other asset, the title is typically in your own name. Individual ownership gives you full control of an asset. However, your estate planning...

Many people fall under the misconception that estate planning is the domain of wealthy individuals who own plentiful real estate and possess significant financial assets. This deters individuals from writing a will, let alone setting up a trust. Establishing an estate...

Caring for your special needs child at home seems like the natural choice for a parent. You want to be able to care for your child and spend time with them in your own home. However, as you (and your child) age, you may not be able to provide the same type of care...

When planning for the future, you will likely consider writing up a will. What is even more important is choosing a person to make decisions for you should you become incapacitated. An advanced directive expresses what type of medical care you want if you become...