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How do you ask your parents about their estate plan?
Many adult children feel a bit uncomfortable asking their parents about their estate plans. For one thing, it deals with money, and some people are just never comfortable talking about financial issues. For another, these adult children may feel like…
Is there anything you shouldn’t address in your will?
Your will allows you to distribute your assets in whatever way you choose. You get to decide how to split your property between your loved ones and can even choose not to include some family members. Even with the power…
What should you look for in a guardian?
If you’re a young parent or if you have a child with special needs, part of your estate plan likely includes setting up guardianship. It may never be used, but you want to know that there’s a guardian in place…
At 18, at least consider future medical decisions
When you turn 18, you are legally allowed to make an estate plan. You’re an adult in the eyes of the law and you can begin putting that plan in place. However, if you ask most 18-year-olds if they have…
3 common estate planning mistakes to avoid
Creating an estate plan is a responsible step to take as you age. However, to ensure that your estate plan remains legally binding and represents your wishes, you must ensure you aren’t making some of the most common mistakes. Knowing…
Why should you set up a power of attorney designation?
Most adults know that they need to have an estate plan in place. What many don’t realize is that having powers of attorney designations is also important in estate planning. Most people need two of these designations – one for…
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