Lewers, Christine
Estate planning is an essential part of ensuring that your assets and wishes are carried out after you pass away. Traditionally, this process involved hiring an attorney and going through the time-consuming and often costly process of creating a will. However, with the advancement of technology, ...
Wills & Estate Planning Different Types of Power of Attorney (and Which Is Right for You) There are a number of different types of POA, which vary according to how much control they grant the agent, how long they last and when they take effect. ...
See NerdWallet’s estate planning basics Probate steps with or without a will The probate process typically moves forward with the following steps: Notify beneficiaries and creditors. A beneficiary receives a deceased person’s assets. The executor or representative must identify and inform beneficiaries...
After you've learned the basic concepts of estate planning, consider the people who will help carry out your wishes for your estate. Theexecutorand guardians for children are usually named in your will; the health care proxy, living will, and durable power of attorney are usually distinct lega...
While it’s possible to create a will on your own, estate planning is a complex endeavor.Talk to a financial advisor today. Understanding the Basics of a Will A will is a legal document that details your last wishes, specifically those regarding the distribution of your possessions and the ...
Basics: FreeWill.com offers comparable estate planning documents and allows you to make donations to your selected charities. Pros: You get free documents that provide more customization than similar products. Cons: Only simple forms are currently available – no durable power of attorney or trust ...
The Society of Will Writers is the leading self-regulatory body for Professional Estate Planners, supporting 1,700 members and their clients.
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Estate planning refers to the management of how assets will be transferred to beneficiaries when an individual passes away. Estate taxes may be levied on the value of one's estate at death. Understanding Estates The wordestateis colloquially used to refer to all of theland and improvementson a...