If you’re starting to think about getting your affairs in order, or if you have been looking into some different ways to protect your assets, you may have come across mentions of revocable and irrevocable trusts. Particularly if you are not familiar with these legal...

Making a will isn’t typically the first thing on someone’s to-do list. In fact, 67% of Americans have no estate plan. This is usually because of some common misconceptions related to wills, like that they can be and should be completed later on in life, or that...

If you’re like most people, it can be difficult to imagine a time when your family members and loved ones must pick up the pieces and move on with life without you. However, making specific and legally enforceable preparations now for that time can give you peace of...

FAST FACTS It's important to update your estate documents frequently, especially your financial power of attorney. Even if your documents are current and updated for five years now, once your financial power of attorney is three and a half years old, banks won't honor...

FAST FACTS A will or revocable trust can be challenged or contested. The party will be able to file a petition with the probate court. While we generally try to avoid probate, the choice is up to you. And if it makes a difference between owning 50% and 100% of an...

FAST FACTS Update your estate plan when it's necessary. You may not pay a price today for missing estate planning updates, but you will pay a larger price down the road. While you don't have to update your estate plan, the same way you don't need to get your oil...

FAST FACTS Non-children, organizations, and friends as beneficiaries are all possible options when splitting your assets. You can give a nominal amount of money or a percentage to each person. Be mindful that giving a percentage may leave an undesired amount of money...

FAST FACTS You should leave an inheritance to your grandchildren if possible. You can give a nominal amount of money to each person, or an equal percentage to each person. Be mindful that giving an equal percentage to each person may leave one root of the family with...

FAST FACTS Understanding how to avoid probate can save you time, money, and frustration. Rules in probate court are different across different counties. Some counties have rules and requirements other counties don't have. You can protect yourself from probate court...

FAST FACTS Knowing when and if you have enough money to last until you die is a vital question to your happiness and financial freedom. Your budget, portfolio projections, wants, needs and wishes are all factors in deciding how much money is enough. Simulating...