An estate plan helps people establish a legacy after they die. Some estate plans consist of just a will. Others may involve multiple different documents that address both the possibility of dying and the potential of an incapacitating medical event like a stroke. Many...
Estate Planning
Should you discuss estate planning with your parents?
You’ve no doubt noticed how quickly time flies. Between work, home and kids’ activities, it seems you barely have time to breathe. You’ve also likely noticed your parents are aging. Furthermore, you also realize you don’t know if they have an estate plan. Common...
Why your adult kids need you to make an estate plan now
Every adult should really have an estate plan. Yet, if you have dependents, it becomes even more important as they rely on you. Here are some of the reasons why making an estate plan will make things easier for them Someone to care for them if you pass before they...
Having a revocable living trust is likely easier than you think
One of the key goals of many people as they create their estate plan is to avoid having their estate go through a long, complicated probate process after they’re gone. This can be time-consuming and costly for loved ones. It can also delay inheritances being passed...
2 interesting trusts to consider adding to your estate plan
You have the option of implementing a trust into your estate plan. A trust is a legal document that arranges for a trustee to manage your assets and disperse them as instructed. Compared to a will, a trust can protect your assets from estate taxes, probate and...
What happens if a will can not be found?
A will is an important legal document for any estate plan. The purpose of a will is to help decide how a testator’s assets are managed after they pass away. The testator can name an executor of the estate and beneficiaries in their will. Unfortunately, many people die...
Should you make an estate plan when you’re young?
Many people believe that estate planning is only necessary for the elderly or those with life-threatening illnesses. However, that's not entirely true. Young adults should consider establishing an estate plan too. It's never too early in one’s adult life to start...
What are the duties of the executor?
When a will is drafted, the testator can name an executor. The executor is responsible for distributing assets to beneficiaries and settling the estate. An executor can be anyone of legal age. Many testators name their spouse or a sibling as their executor. These...
Who pays your parents’ credit card bills when they pass away?
Credit card debt has recently been making headlines for hitting historic highs. The commutative total of debt held by Americans reached a staggering $1 trillion. Not only is this the highest level credit card debt has reached in American history, but it underscores...
Reasons to review your estate plan
Making an estate plan is a great first step. Most people have never done it. Just writing a will puts you ahead of the majority, and you will be more prepared for what the future holds. However, you do not want to neglect the estate plan after you make it. This...

