While putting together an estate plan is important for you and your loved ones, it is equally important for you to understand the role of the trusted individuals who will be carrying out your wishes when you are unable to. When it comes to estate planning, these helpers are key. They generally include a trustee, […]
Most parents want to make sure their children are provided for in the event something happens to them while the children are still minors. Grandparents, aunts, uncles, and good friends sometimes want to leave gifts and assets to beloved young children too. Unfortunately, good intentions and poor planning often have unintended results. Don’t make these […]
Although the word “inheritance” usually conjures up images of property or accounts with significant monetary value, you can leave your family an even longer-lasting inheritance and legacy by doing these seven things, whether or not your bank account is overflowing. 1. Make a Plan Often, people who do not have a lot of money think […]
The short answer to this question is no. Naming your child as the recipient of your home in your will does not give them any right to your home while you are still living. However, understanding why that is the correct answer requires a little more explanation. Title Is Key When it comes to real […]
