Tag: Wills and Trusts

5 Steps to Basic Estate Planning

A basic estate plan provides essential legal documents for your family in the event of your incapacitation, sudden illness, or even death. It is crucial to have an estate plan in place to protect your family and your assets. Your estate includes everything you own. Therefore, it is a good idea to plan for what… Continued

Why Single People Need an Estate Plan

Although everyone should have a will and an estate plan, it is especially important for single people. In the event of an unexpected crisis, it is imperative to have your information available for someone you trust. Without an estate plan, you have no control over the distribution of your assets. Your assets will go through… Continued

If My Loved One Has a Will, Do I Have to go Through Probate?

According to Investopedia, “Probate is a legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person’s will or the estate of a deceased person without a will.” Before any assets can be distributed to beneficiaries, the executor of… Continued

Do I Need a Will or a Trust?

The majority of Americans do not have a will or a trust. According to USA Today, 64 percent of Americans do not have a will. But do you really need one? The answer to that is most likely yes. However, do you need a simple will or will your loved ones be better off after… Continued