With the new tax law in effect, you need to review many parts of your life. For example, this could have an impact on your estate plan.
Estate planning can be complex on many fronts, especially if you have many assets to leave behind to your family.
If you have a pet, there may come a point when you wonder what will happen to it in the event of your death.
The new federal tax law brought on a number of changes, some of which could impact your future plans for your estate. It's important to update your estate plan periodically, especially after major new laws are passed.
As an older investor – such as someone who has already retired – you may be seeking new ways to invest your money. While there are many options available to you, life insurance is one that often gets overlooked.
As you age, it's important to stay in touch with your estate plan. What you had in place in your 30s and 40s may no longer suit you now that you are closing in on retirement age.
When many people hear the phrase "health care power of attorney," confusion immediately sets in. People don't know what it is, if they need it,or how it could improve their estate plan.
As you create an estate plan, it's only natural to spend most your time on your will or trust. This goes a long way in ensuring that the right people receive your assets upon your death.
hen it comes to estate planning, you can never be too cautious. It's imperative that you understand the finer details of your situation, including the steps you can take today to improve your family's life in the future.
A living will can be confusing for many reasons, including the fact that this isn't actually a will. A living will is a legal document used to express your desire and preferences regarding health care in the event that you are unable to communicate instructions.