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Category Archives: Estate Planning
What should you consider while choosing beneficiaries?
Planning for the future involves more than just financial considerations. It is about ensuring that people pass on your legacy according to your wishes. One aspect of this process is…
Maximizing the tax benefits of charitable gifts
Giving to charity is a good thing, and you can make it even better for your taxes with some smart thinking. Here is an example: if you donate from your…
What are pour-over wills?
However careful you are when estate planning, there is always the possibility that you may forget something. Most people review their estate plan every couple of years, and a lot…
Does your business have a succession plan?
If you are running your own business, you understand the importance of planning. Still, in the busyness of day-to-day activities, you may forget to plan what will happen to your…
Including intellectual property in your estate plan
When you think about estate planning, you usually think about distributing physical assets like real estate, cash or heirlooms. In an increasingly digital and knowledge-based economy, it is essential not…
Factors to consider when choosing a guardian for your children
Assets and finances take up a lot of focus when it comes to estate planning. While distributing assets among beneficiaries is a large part of the process, there is much…
Estate planning instruments you can use to avoid probate
A will is one of the more popular estate planning methods, primarily because creating a last will and testament is relatively easy. What you may not realize, however, is that…
What positive traits should you look for in your executor?
Thinking about the end of your life and how your beneficiaries will deal with your loss may feel overwhelming or depressing at first. However, taking steps to plan for this…
3 reasons you might want a trust instead of a will
Some people think creating an estate plan is all about writing a will, but that is only partly true. You can now choose from several estate planning tools that help…
Can I make a will if I am under guardianship?
Each person has needs based on their life situation, physical health and mental wellness. Sometimes, the court could deem an individual incapacitated, necessitating legal guardianship. Individuals under guardianship underwent standard…
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