What Is a Will? Key Terms and Basic Information
Have you thought about preparing a will? Here is some basic information about wills to help you through the process:
Have you thought about preparing a will? Here is some basic information about wills to help you through the process:
Leaving an inheritance to your kids can be more complicated than expected – especially if you are unfamiliar with the current estate tax exemption.
The good thing about creating an estate plan is you determine how your assets are distributed to heirs ahead of time. When you pass away, the court has to transfer your cash, property and other personal belongings to the people or organizations you name in the estate.
Being an executor of an estate is challenging. When your family takes you to court because of discrepancies with the estate, then you have an even greater burden on your hands.
When you think estate planning, you probably don’t envision a discussion over Thanksgiving turkey. However, the holidays are one of the best opportunities for families to open up about financial decisions, expectations, and what the future holds. Here are a few reasons why.
If you have children under the age of 18, and you want the freedom to choose who is the guardian of the children if something should happen to you, then you should consider making a will as soon as possible.