When you create a will, you do so to eliminate potential confusions and conflicts that may arise regarding the fate of your assets. However, if you have concerns about someone disputing your will, it helps to figure out how you can protect it. One of the steps you can...
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Estate Planning
Should you add a transfer-on-death deed to your estate plan?
Planning your estate gives you control over what happens to your property and also allows you to provide support for your loved ones when you can no longer physically be with them. What happens to your home will matter to the people who live with you and to those who...
How do I discuss my will with my loved ones?
Talking about your mortality and what you want to happen to your wealth when you are gone may seem awkward. In fact, talking about death and money at the same time can be taboo in most households – so this conversation rarely happens. However, no matter how...
2 classifications of trusts and what they mean
Creating your estate plan gives you a chance to dictate what happens to your assets when you pass away. People can pass along assets through their will, but many opt to establish trusts for doing this for a variety of reasons. When you look into trusts, you’ll notice...
Tough questions to ask yourself when planning for the end of life
Thinking about a time when you are ill or nearing the end of life is uncomfortable but crucial. Most people want to retain control over their healthcare for as long as possible. However, not enough realize that estate planning can help you do just that. In estate...
Why can someone challenge an estate plan?
An estate plan is more than a will. It’s a collection of documents dictating what will happen to your estate after your passing and, in the case of living wills or advance directives, what your heirs can do when you’re still alive. In theory, whatever you put in your...
Common estate planning mistakes you need to avoid at all costs
A properly written estate plan can give you peace of mind knowing that your loved ones, assets and interests will be protected after your passing. But, your estate plan can also be a fertile ground for potentially costly mistakes. Whether due to improper planning or...