I’m going to answer this question like a good lawyer. It depends. :-) It depends on if you and your family have experienced major changes - thus, updating your estate plan for some, might be one year after you create it and for others it could be 3 or 5 years. But ultimately, what is most important is to keep your estate plan up-to-date. Which … [Read more...]
Lets Get Started! Grab Your Paper & Pen And Create Your Estate Plan Here
So… you’ve been thinking about doing an estate plan, but every time you hear the words “will” or “trust,” your eyes glaze over, pictures of lawyers and complicated documents dance through your head, and your brain whispers, "Ugh…Not today, I can do that later." You are not alone. Most people put off estate planning because they assume it’s … [Read more...]
What Happens to Your Social Media Accounts When You Die?
In today’s hyper-connected and screen focused world, most of us in the United States live a portion of our lives online. We are sharing photos, communicating with friends, building professional networks and storing digitally uploaded memories - all on social media platforms. But what happens to your social media and digital accounts when you … [Read more...]
How Can I Split Assets Among My Children In My Estate Plan So They Don’t Fight?
The best way to split assets among your children and prevent them from fighting about it after you die is to have a comprehensive estate plan in place including a living revocable trust. Just like the saying “good fences make good neighbors,” and a clear contract makes a good business relationship, so does a living revocable trust ensure there is a … [Read more...]
Child Protection Plans 101: Securing Your Kids’ Future Today
Most families with young kids put off death, emergency and guardianship planning because it just doesn’t seem that urgent. You are young, it's unlikely you will die tomorrow right? But as a result, if you die, or an accident puts you in the hospital long term, your lack of planning abandons your children to strangers. Your kids, who depend on you … [Read more...]
Who Should Have an Estate Plan? Do I Need One?
Right out of the gate, the resounding answer to this question is EVERYONE above the age of 18 needs an estate plan. And thus, Yes!! YOU NEED AN ESTATE PLAN. The only person who does not need an estate plan is immortal. And I would make an argument that even an immortal should have an estate plan as how else will they transfer their amassed wealth … [Read more...]
How To Involve Your Family In Your Estate Plan
When deciding your estate plan, there are many things you have to think about. Choosing the right plan, executing and organizing the documents, and meeting with your attorney are all part of the job of planning what will happen to your estate. But one thing that is integral to the process is often the one reason you want to plan in the first place: … [Read more...]