Your Guide to Declaring a Guardian for Your Kids in Case You Die
If you are a parent with minor children, one of the most important aspects of your estate plan will be your chosen guardian for your children. This decision is not one to make lightly, and you also need to ensure it is legally set up so that the chosen person gets custody of your children…
8 Things You Need to Get Ready Before You Write Your Will
The estate planning process allows you to decide what will happen to your assets once you are gone. You may also plan for how to manage your debts and other obligations. If you have children, you can designate someone to serve as their guardian and manage their assets. These may seem like daunting tasks. It…
Can I Use a Will or Trust for My Disabled Child?
If you have a disabled child, it is only natural to be concerned about the child’s future needs. Fortunately, it is possible to use a will and/or trust to provide for your disabled child in the event of your death. The Importance of Estate Planning Estate planning is an essential consideration for any family, but…
How To Prevent My Child from Becoming a Ward of the Court
If something happens to you and you’re unable to care for your children, the court system may step in. Making a child a ward of the court is only a last resort. If you’ve already made other arrangements, the court system would prefer to honor those arrangements as long as they account for your children’s…
12 Months of Estate Planning: A Plan to Get Your Estate Plan Set up in 2020
Estate planning can be one of the most important things you do for your family’s future, but it can also be overwhelming. Between heavy subjects you don’t want to think about, the need to do a lot of paperwork, and everything else going on in your life, it can be too easy to keep putting…
Is Your Last Will and Testament Legally Binding?
According to a recent survey, 60% of people in the US do not have a will or a plan to make one. Accidents happen and you do not want to leave your loved ones with nothing. But your will must be legally binding if it is to be enforced. You are no lawyer, though, so it can…
Do Not Forget Fido: What to Know About Including Pets in Your Will
Did you know about 85 million families own a pet in the United States? It is no wonder that with so many fur babies people are looking at ways to make sure their pets are taken care of in case of sudden death. A common question from pet owners can you include pets in your will? What…
Living Trusts vs Wills: What is the Difference And What is Best for You?
You have worked hard to secure your future and those of the people you love. You want to control what happens to your assets after you die. There are several approaches to making sure your assets are dispersed consistently with your requests. Maybe you have heard of these two legal instruments, but no one ever…
Dying without a Will: What Happens to Your Family and Your Estate?
You might not want to think about your mortality, but getting your affairs in order may be more important than you think. No matter how big or small your assets, whether you’re single or married, or even whether or not you have children, it’s essential that you have a will that designates what happens to your money…
The Advice for Writing a Will That Everyone Should Follow
You do not know what is going to happen tomorrow. Because of that, you should not put off writing your will until your “old age.” This advice is especially true if you have children. If you were to pass away unexpectedly, what would happen to your kids? If you have a Last Will and Testament, you can…