Making decisions about the end of your life can save your loved ones a lot of stress during an already difficult time. Read on to learn about letters of instruction (LOI), a basic estate planning document that provides your survivors with important information about your assets and final requests.
It’s easy to make excuses for not creating a will, but it’s a vital legal document most people need to have. Thankfully, it’s not as expensive or time-consuming as you might think. What can a will do for you, and why should you create one today? Find out here.
Estate planning isn’t always top of mind. But it is something you should look into sooner than later, especially if you have children. Writing your will and keeping it up to date are the best ways to define who you want to leave your assets to. This is what you need to know.
Dying intestate — without an estate plan — leaves behind a nightmare for your loved ones. That means you need to create detailed legally binding instructions for your estate in the form of a will or living trust. But which do you need? Or should you have both?
Millennials have diverse needs and desires, but some truisms in life hold for every adult, regardless of their generation: They need to develop a comprehensive estate plan. Fortunately, most younger adults can spend just an hour or two each year creating and updating their estate plan. Here’s how.
The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) changed some of the rules about when people who inherit an IRA can withdraw the funds. As you plan your retirement, make sure you understand the new rules and adjust your estate planning accordingly.
Coping with the death of a family member is difficult at the best of times. But if that person died without a will, it can be an absolute nightmare. The only way to spare your friends and relatives from this situation is to make a will. These inexpensive online will-makers make it easy.
If you plan on giving large sums of money to friends and family — either in your lifetime or after you die — you owe it to yourself and them to understand the tax implications. Here’s what you need to know about how estate and inheritance taxes work — and how to keep them as low as you can.
Selecting a legal guardian for your child is crucial. In case of an unfortunate event, it's important to meet the legal requirements to ensure your child will be taken care of. Factors like the type of guardian you want, including their age, location, and parenting style, are important considerations. Learn more about the types of legal guardians, factors to consider when choosing one, and how to prepare your last will and testament.
Are you planning your will and estate? Do you want to ensure your pets are taken care of if something happens? These tips will help you understand the basics of estate planning, including what you need to know about wills, trusts, and powers of attorney for your pets.
There is one guarantee in life that none of us can escape: We will all die someday. If we're lucky enough, we'll do this...
The death of a family member or loved one is a difficult time for anyone. The last things you want to think about at...
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