When my elderly clients come in for estate planning. Many of them want to save money by doing only a Last Will and Testament. I ask them what they want to do with their stuff when they die. Their reply, without fail is “of course, I want to leave all my stuff to my spouse and...
estate planning or more in-depth documentation, you may end up paying far more. The costs can also rise if you require a lawyer or professional to oversee your estate. How much you spend on your will comes down to personal preferences and in what form you wish to leave behind your will...
time, and preparing for the next generation to inherit your estate. And you should also have some of these legal documents if youraging parents need more help making financial and health care decisionsas they get older. It's important to consider the following estate-planning moves at any age...
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Always consult with your independent attorney, tax advisor, investment manager and insurance agent for final recommendations and before changing or implementing any financial, tax or estate planning strategy. Connect with a Private Client Advisor Learn more about the benefits of working with Bank of ...
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Consider the complexity of the estate, whether you have the time to devote to the immediate responsibilities, and the multitude of duties that will come into play when the individual who wrote the will, referred to as the testator, passes away. The testator has other options if you decide yo...
including Prince, who did the same.By not preparing an estate plan, she complicated the task of settling her affairs for her survivors. While your estate may not be as large or complex as a famous singer's, it's just as important to have a plan ...