Around The Web: Benefits of a Trust Can Outweigh Those of a Will
If you are considering planning your estate, it might be beneficial to look into a trust instead of a will. While both wills and trusts help with distributing property and assets after your death, a trust is much more private and specific. They also can make things easier on your family and friends after your […]
Facing the Facts: What Does it Mean to Probate a Will?
There comes a time in our lives where we have to plan for the future. People write a will to make things easier for their loved ones. However, this isn’t always the case, and estate planning can be a lot harder than it may seem. Read on to find out what it means to probate a will […]
How to Maximize Your Donations with Charity Planning
In the U.S., individuals donate almost $400 billion every year to qualified charities that are in need, helping people from all over. By doing some charity planning and making an effort to track your giving, you can ensure that you get the most tax benefit that you can from your giving. While you shouldn’t give only for […]
When Should You Re-Evaluate Your Estate Plan?
Having a will and estate plan in place are very important steps toward securing the future of your assets. However, it is almost equally important to update your estate plan in the event of a large milestone or change in your life, such as a divorce or retirement. This article recommends that once a person […]
Around The Web: No Children? Why You Still Need an Estate Plan
Don’t Wait – Plan Your Estate Today Estate planning is different for everyone and it’s an extremely personal process. It’s also not just for married couples with children – single individuals and couples without children still need to have an estate plan in place. Without one, you might be inadvertently putting your loved ones in […]
Who Gets What? 10 Estate Planning Mistakes to Avoid
Estate planning is essential to ensuring your assets make it to the right people, yet many people neglect this important step. In fact, 60% of Americans have not yet completed an estate plan. It’s understandable that people don’t like discussing this subject. People don’t like thinking about their deaths. If you don’t plan though, you can leave […]
Around The Web: Successful Estate Plan Must-Haves
Successful Estate Plan Must-Haves How would your current estate plan hold up in an unfortunate turn of events? Would your family members have access to your assets? Do you have a designated guardian for your children? This article highlights several factors that go into creating a successful estate plan that won’t leave things up to […]
Your Complete Guide to the Different Types of Charitable Trusts Available
How do you give to charity? Do you sign up for direct debits, or give cash when asked? Maybe you open up your checkbook a few times a year to give generously to causes close to your heart. If you give to charity on a regular basis, you might be surprised to learn that your […]
Around The Web: Estate Planning is Important for People of All Ages
Estate planning is not just for retirees and the elderly – it is important for people of all ages. This is especially the case if you are married, have children, buy a house, or get an inheritance. Making sure there is a plan in place for your children and your estate in the case of […]
Around the Web: 3 Worst Estate Planning Mistakes and How to Avoid Them
Avoid Common Estate Planning Mistakes All too often, people make the mistake of not planning their estate properly and when they pass, their family is left to sort out the puzzle. This can frequently result in drawn-out, expensive court processes or even family feuds. This article by Larry Light highlights three common estate planning mistakes […]