Most people do not have estate plans in place, and a sense of overconfidence is one of the reasons. Many young adults think they will draw up a will at some point when they are senior citizens, and the matter will be closed. There is really nothing to think about, and a lawyer is not … [Read more...] about Do You Need a Lawyer to Plan Your Estate?
Survey: Two-Thirds of Americans Don’t Have Estate Plans
Death and taxes are two certainties of life, and we all acknowledged one of them recently in April. However, the vast majority of people do not plan ahead for the other one, and this is an oversight that is not getting any better. Caring.com Survey Each year, Caring.com conducts surveys that ask … [Read more...] about Survey: Two-Thirds of Americans Don’t Have Estate Plans
Can You Include Your Pet In Your Estate Plan?
The majority of American households have some type of pet, and dogs and cats enhance the lives of their owners in many ways. If you own a pet as part of a family and you pass away, the rest of the family will provide the care that the pet needs. However, everyone is not in this position. Pet … [Read more...] about Can You Include Your Pet In Your Estate Plan?
Is Your Estate Plan Incomplete?
A lot of people think that estate planning boils down to the execution of a simple will. This is definitely part of the equation, but there are other matters to consider, and a will is not always going to be the best asset transfer vehicle to utilize. Other Options You should definitely take pause … [Read more...] about Is Your Estate Plan Incomplete?
Misconceptions in Estate Planning: Costly Errors
You have to be discerning about the sources of information that you trust when it comes to estate planning. People that do not mean any harm sometimes pass along ideas that are not entirely true, and this can lead to mistakes that can have a negative impact. With this in mind, we are going to … [Read more...] about Misconceptions in Estate Planning: Costly Errors
Millennials Should Have Estate Plans in Place
People always plan ahead for events that are definitely going to happen in the future. This would apply to tax day, an important test, and many other scenarios. Curiously, many of the same individuals are completely unprepared from an estate planning perspective. Caring.com has taken interest in … [Read more...] about Millennials Should Have Estate Plans in Place
