Estate planning is a lifelong process, but many people don’t realize that. Many testators don’t regularly update their estate plans, which causes issues for heirs who can't interpret the testator's intent particular when, for example, the people appointed for certain...
Estate Planning
Have You Made Plans for Your Residuary Estate?
When you think about what you want to protect with an estate plan, you might not realize just how much you have. Valuable or significant assets, like homes, jewelry, and cash, certainly come to mind, but even after all the property is distributed and your debts are...
Tips for Modernizing Your Estate Plan
Modern is typically not a word you would use to describe an estate plan. However, it could be one worth considering if you want to ensure others can carry out your wishes in the future. What is a modern estate plan? In many ways, a modern estate plan is the same as...
Is Your Estate Plan Accessible?
If you have put forth the time, thought, and effort to create an estate plan, you want to know that others will carry out that plan when the time comes. However, that may not happen if administrators or loved ones run into problems accessing your plan and supporting...
Should You Discuss Your Estate Plan With Your Children?
Thinking about what will happen to your estate and end-of-life plans isn’t necessarily the most pleasant topic for discussion with your adult children, but it can be a critical one. Before having this discussion, prepare by considering the participants’ personal...