Many Americans overlook the importance of writing a will when it comes to estate planning. According to a survey conducted by Caring.com, two out of three adults in the United States do…
Tag: wills
Don’t Make a Mistake! Discover Which One is Better: Wills or Trusts
Wills and trusts are two essential estate planning tools that serve distinct purposes. While both documents allow individuals to dictate how their assets will be distributed after their death, they operate differently…
If You Don’t Have An Estate Plan, Here Is Why You Need One Now
An estate plan is crucial to a person’s financial and legal affairs. It is a set of documents outlining how a person’s assets and liabilities will be managed, distributed, and transferred upon death.
Avoid the Drama, Spill the Tea on Your Will
When you decide to leave items to different people, inevitably someone feelings get hurt. After you are gone there is no way to fix it. The damage it can cause could be irreplaceable ad your heirs might not talk to each other. The best way to resolve these issues is to communicate with your love ones. Tell them why you are leaving so and so the beach house, etc. This will save them a lot of heart break in the end and help them understand your logic.
How should you divided your assets?
The Benefits of Wills and Trusts
Surprisingly, 55% of Americans don’t have a will, but they’re crucial documents since they direct the distribution of your assets after your death. Without one, state laws determine who gets your assets, and your heirs may face delays and expenses trying to claim their inheritance. Here are some key facts about wills:
