As the parent of a special needs child, you likely spend a good portion of your time making sure that he or she receives the help he or she needs. But what happens when you are no longer around to oversee that help? Establishing a special needs trust for his or her...
In this day and age, a recent surge in "do it yourself"-style estate plan options have inundated the market. These boilerplate forms offer an inexpensive, easy way for people to create an estate plan, and some of them do have benefits. However, these templates often...
During the creation of your estate plan, you will most likely run into terms like wills and trusts. In fact, many people will have both of these things in their own estate plans, because each holds a different purpose and fulfills a different goal. So what are the...
When it comes to your estate plan, you have a lot of important decisions to make. One major decision, if you choose to establish a trust, is to choose your trustee. According to CPA Journal, the trustee controls your trust. Strong sense of judgment Your trustee has...
Selecting an estate executor is one of the most important decisions you will make during the estate planning process. When you pass away, the executor will be responsible for taking care of any unfinished business and carrying out all your final wishes. For these...
Living trusts are extremely powerful estate planning tools to add to your arsenal. Sadly, many Americans are not aware of living trusts, nor how they can streamline your estate planning. Proper use of trusts can help your beneficiaries gain access to your assets...
Your estate plan is a reflection of your life at the time you made it. As your circumstances change, your plans may need updating to ensure they best capture your preferences and provide for your loved ones. You should consider an estate plan review after these major...
When you are in the middle of a period of crisis in your life, you may face uncertainties about the future that overwhelm you and fill you with fear or concern. Now is the time to have discussions with your family and loved ones about your end-of-life planning, so...
Few things are likely to make you both happier and busier than welcoming a new baby into your family. Between feedings, naptimes and diaper changes, you should find some time to think about your child's future. If you have not yet drafted an estate plan or have not...
The prospect of creating a will is not always easy, as it means you must face your own mortality and make serious decisions that can affect others. This may explain why, according to the American Association of Retired Persons, fewer than 30% of senior-age people do...