Estate planning is putting your affairs in order so that your loved ones are taken care of if you die or are incapacitated. A will is an essential piece of the plan. So are lists of your assets and obligations, with details of all open accounts. Make sure you record your beneficiaries o...
The process can entail a good bit of work and agreeing to be the executor of someone's estate is a bigger decision than many people realize. It's important to consider the responsibility of the position and several other factors before agreeing to take on the role. Key Takeaways Executing ...
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...
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...
Consisting of a series of natural limestone pools, the Blue Hole is a hidden gem that captivates travelers with its azure waters. It offers quite the adventure: swim in the pools, go cliff-jumping… See ways to experience (431) 2024 2. Ocho Rios Bay Beach (Turt...
3 Things To Consider When You Inherit A HouseLydia Dallett
Trusts don’t have to mean loss of control For business owners, hesitation to consider these strategies sometimes has to do with a perceived loss of control. It’s important to distinguish between legal ownership of an asset and control of that asset on a functional day-to-day basis. There...
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...
In a virtual tour that's being marketed by the seller's real estate agent, keep in mind that you're less likely to see minor flaws and details of the home that might make it look less desirable. While sheltering-in-place orders have proven their ability to physically sideline homebuyers ...
Putting it bluntly, we strongly recommend you hire an estate planner to help you think through this and many other estate planning issues prior to an IPO. While this might sound morbid it is really a matter of being realistic, after all nothing is more certain than death and taxes. ...