The biggest estate planning mistakes can be devastating to your loved ones. We hear the same things over and over when it comes to estate planning. "I don't need an estate plan, my loved ones will get everything.". "My family can decide what to do with my assets.". "I'm healthy, I don't need an [...]
With so many misconceptions around estate planning, it's important to ask why is estate planning important? Many think that needing an estate plan is only important if you're extremely wealthy, but that couldn't be further from the truth. There are many aspects to estate planning that apply to literally anyone. Sure, the more complex [...]
Chances are if you are reading this, you are going through a divorce or already have. Either way, you know that the situation is not easy. Divorces come with many emotions and starting the task of updating your information after a divorce can seem daunting. However complicated or amicable your situation may be, the [...]
Should you name your children as trustees of your trust? The answer varies greatly depending on your situation. For the most part we always want to treat our children equally. Some circumstances, however, don't warrant giving your children the same responsibilities. When you are setting up your estate plan, or trust, you are naming [...]
Money is typically what comes to mind first when one thinks about estate planning, but how do you split personal items in an estate? Of course its important to plan how your assets will be distributed after you're gone, but your personal items may be even more valuable to your heirs. Your money won't hold [...]
A question that many people wonder as they think about starting an estate plan is "why should I hire an estate planning attorney?". The pandemic created a sense of urgency for people to get estate plans in place, and with this came the rise of DIY estate planning websites and law offices offering cheap [...]
Family dynamics are constantly changing and with our families expanding, it's important to understand what blended families should know about estate planning. A blended family is a family formed by marriage or partnership that brings children from previous relationships. While estate planning for blended families may seem more complicated, it's still important to cover [...]
Splitting your assets can be hard to think about, especially if you don't have heirs or don't want to split things evenly. There's plenty of factors that contribute to your decisions on how you'll be splitting things. Even if your family dynamics are less complicated than others, there can still be different reasons for how [...]
If we have learned anything from the pandemic the last two years, it's that we need to prepare for the unexpected. With a virus that can have unexpected complications in even the healthiest of people, preparing for emergencies is more important than ever. We often hear people thinking they aren't old enough or wealthy enough [...]
If you are in a committed romantic partnership, whether you are married or not, estate planning for couples is important. A proper estate plan will highlight your wishes for your assets and your own healthcare decisions should something happen to you. Leaving a plan for your spouse or partner is a huge comfort for them [...]
