5 key parts of an effective estate plan
Creating an estate plan gives you control over your legacy when you die. You can provide for those who depend on you, control what happens to your property and even make gifts to charitable causes. Your estate plan can also help if you experience a medical emergency,...
What can an educational trust provide?
If you're starting up a trust focused on your heir’s education, you're probably thinking about the cost of college. Many people use a trust like this as part of their estate planning to ensure that the money they leave behind is actually used for college tuition,...
What happens when a beneficiary dies before estate administration?
For many executors, estate administration is quite simple. They simply file paperwork with the courts, pay off creditors and follow the instructions provided by the testator. Certain people receive specific property, and it is easy for them to manage the process. Some...
Should you discuss your estate plan with your children?
Talking about your demise is not one of the most comfortable discussions you can ever have with your loved ones. However, death is inevitable, and given that your assets and the people you care about will be impacted by your death, it is important that you hold this...