Did you know that practically any will could be contested? Although the burden of proof for challenging a will sits with the person who contest the will to begin with, it is still possible for someone to allege that a will is simply invalid. Thinking about competency is especially important for adult children who are… Read More »
Monthly Archives: November 2016
Revisit Your Estate Plan If You’ve Recently Experienced One of These Five Occasions
If you have accumulated assets or if you have children, you need to have an estate plan. This is because after your death, major decisions about distributing your assets or minor children’s guardianship will be made without your input. However, these are not the only occasions that you should consult with an experienced estate planning… Read More »
Key Things You Need to Do to Update Your Life Insurance Policy as Part of Your Estate Plan
Important documents including your wills, trusts and other details make up the vast majority of a person’s life planning goals for their estate. However, don’t forget about that life insurance policy that you’ve had for years. A life insurance policy should be properly integrated with your overall estate planning to ensure that it’s meeting the… Read More »
Be Aware of Exposed Assets with Your Estate Plan
Estate planning and asset protection planning frequently go hand in hand. Assets that are held as joint property could turn out to be problems in the event that the surviving spouse has a significant amount of debt. If you have not thought about the best way to pass things on to your heirs while also… Read More »