Communication often has been a problem in many families. The avoidance of discussing delicate issues and awkward but necessary topics is not uncommon. One such topic is estate planning. You have waited long enough, but now, it is time for you to broach this subject...
Battling addiction during the estate planning process
If you are struggling with a drug or alcohol addiction, you likely have various hurdles to overcome. Whether you feel stressed out about your health, your are facing physical problems related to your addiction or you are going through financial hardships because you...
Talking to young children about an estate plan
If you have young kids or grandchildren, such as teenagers and even children enrolled in elementary school, there are many different important issues that you likely have to go over, from problems in the classroom to peer pressure or even divorce matters. However,...
Creating an estate plan near the end of life
When many people face the reality of their life ending in the near future, they struggle with overwhelming emotions and uncertainty. This is often a very challenging time, however, there are strategies to address these negative feelings in many instances. For example,...
What do you know about a living will?
As part of estate planning, you may want to create an advanced directive to ensure that your loved ones know and honor your desires concerning your medical and health care decisions should you become incapacitated. Do you know what your advanced directive options are?...
What are some estate planning priorities?
Though most adults in the United State do not have an estate plan, ideally everyone over the age of 18 should. According to The Motley Fool, estate planning is an opportunity to provide for loved ones and protect your own interests in the face of life's...
4 estate planning mistakes to avoid
Having an estate plan in place is highly beneficial. Proper estate planning allows you to make informed decisions about the handling of your assets and gives you the opportunity to maximize the value of your estate. With the many benefits comes the potential for...
How to include your pet in your estate plan
With a few exceptions, most animals kept as pets have a shorter lifespan than their human counterparts. But if you should pass away unexpectedly or face incapacity, have you ever considered what will happen to your furry friend? Pets rely solely on their owners for...
4 Reasons to update your estate plan
Most people look forward to estate planning as much as they look forward to a trip to the dentist. But while facing your mortality is never enjoyable, it’s essential to regularly revisit your estate plan to ensure it still reflects your wishes and legacy. A good rule...
Estate planning is beneficial at any age
Although many people may understand the importance of having a will, many have not taken the steps necessary to write one up. Along with a will, there are important estate planning decisions that one should consider. No matter what someone’s age, it is beneficial to...