We have discussed revocable living trusts and their benefits in previous blogs. In this blog, we’ve created a case study to illustrate the value of both estate planning and a revocable living trust, and how it is used once the grantors…
According to a Forbes article, at least 51 percent of Americans between the ages of 55 and 64 don’t have a will. That number is even higher among those younger than 55, at 62 percent. Perhaps one big reason that…
Your will and other estate planning documents should be reviewed when you have a life changing event, like the birth of a child. But even without big life changes, it’s best to occasionally review your documents as circumstances change and…
Those who are considering an estate plan might be trying to decide between a will and a revocable living trust. For many, the decision simply comes down to cost. While a trust can be more costly than a simple will,…
Of course, it is possible to prepare your own will—just as it is possible for you to stitch up your own forehead with a needle and thread instead of going to all the trouble to go see a doctor, meaning…
There are many different types of wills—certainly one which will fit most any situation—yet far too many people do not have even the simplest of wills. In fact, according to research done by AARP, although most adults know they should…
Many people believe a simple or general will and a living will (also known as an advance medical directive) are the same document. In fact, the two documents are about as different from one another as they could be, although…
As we age, it only makes sense to make legal decisions about various aspects of your life. One of these is who would make decisions for you if you were to become incapacitated. Incapacity can happen even when you are…
In this age of do it yourself (DIY), many people are making the decision to prepare their will online, based on the pre-designated fields of an Internet form. At first glance, this may not seem all that complicated. However those…
The combination of tightened budgets and an abundance of readily available DIY estate planning software has led many to believe this might be a project they can tackle on the their own. Although experts generally agree there are a very…