All the best intentions of putting together a comprehensive will for estate planning purposes can go by the wayside in the event that your loved ones are not able to find this critical document. Having a clearly articulated plan drafted by a knowledgeable estate planning attorney and putting this in a place where individuals can… Read More »
Posts Categorized: Wills
No Will? Avoid These Four Common Dangers
There are four common situations that can emerge if you do not take the necessary steps in order to plan your estate. While most people understand that they don’t need to have a life insurance policy in place to replace their income in the event that they pass away, your will is also crucial for… Read More »
New Study Identifies 60% of Americans Don’t Have a Will
A new study conducted by Princeton Research and published on Caring.com identified that approximately 60% of adult Americans do not have any kind of estate planning document like a will or a living trust. One of a more troubling statistics also shared in this study of more than 1,000 individuals was that just over one-third… Read More »
What Should We Put Inside a Will?
There are three primary goals that you should attempt to accomplish in putting together your will. Naming a guardian for your children, determining who oversees your assets when you pass away, and identifying your estate executor. Aside from determining who to name as guardian of your children and determining how to divide your assets, you… Read More »
New Baby? It’s Even More Important to Put Together Your Estate Plan
If your family is like most of those across the United States, there’s a good chance that estate planning is probably one of those items on your to-do list that’s simply been overlooked many times. Far too many people in the U.S. have put estate planning off because they don’t think it applies to them…. Read More »
Defining Mental Competence for The Purposes of a Will
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 »
Some Surprising Estate Planning Statistics
Fox Business is takings its viewers to task for procrastination. “So you consider yourself a planner, do you?” they ask. “You may have your annual checkups booked through December… and a family calendar color-coded to the T. But getting your estate plans settled? Not so much.” Sadly, they’re right. It is a long-standing fact in… Read More »
No More Drama: Estate Planning Without the Panic
Forbes contributor Steve Parrish recently wrote about an experience at his doctor’s check-in desk. The secretary asked for all the usual information — photo identification, insurance information, date of birth, etc. But when they asked whether he has a living will in place, Steve was offended. “I was there to be fixed up, not die —… Read More »
Some Surprising Estate Planning Statistics
Fox Business is takings its viewers to task for procrastination. “So you consider yourself a planner, do you?” they ask. “You may have your annual checkups booked through December… and a family calendar color-coded to the T. But getting your estate plans settled? Not so much.” Sadly, they’re right. It is a long-standing fact in… Read More »
Young People Need Estate Planning Too
Tragedy sometimes begets rumination. Forbes columnist Tania Brown recently reflected on the loss of several young lives in the headlines lately and began to wonder what their estate plans might have looked like. Did they even have estate plans at all? View image | gettyimages.com Unfortunately, there is a misconception among American youth that wills… Read More »