Estate Planning Tips for Childless People

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Estate Planning Tips for Childless People

People who are single without any children often feel as though there is no need for them to worry about developing an estate plan. However, if you own any assets at all, you probably care about what happens to them after your death. In addition, there’s more to estate planning than just passing on assets. […]

Estate Planning Tasks to Get Done While Quarantined

Most of us are stuck at home for the foreseeable future due to the COVID-19 pandemic. Even if you’re still working from home, chances are you’re finding yourself with quite a bit more free time than you’re used to. This down time is a perfect chance for you to get some important tasks done at […]

Estate Planning Steps to Take When You Have a New Baby

Becoming a new parent results in a whole lot of changes in your life. It also tends to be a life event that encourages young people to finally take their estate planning seriously. Your child’s future will be greatly affected by the decisions you make now in your estate planning. It is important for you […]

Tips for Reviewing Your Estate Plan

Developing all of your estate planning documents is only one aspect of estate planning you should focus on. Once you have these documents in place, it is important to periodically review them and make any necessary adjustments. Here are a few tips for reviewing your estate plan. Review beneficiaries: It’s a good idea to periodically […]

Will an Inheritance Affect Child Support?

Child support arrangements can be modified when the person paying or receiving child support experiences changing circumstances in their life, including the amount of money they have. It is worth noting, though, that in most cases gifts and inheritances are not included in calculated income for child support purposes. Still, a court can consider an […]

An Overview of Durable Power of Attorney

Power of attorney is a type of legal document that empowers another person to act on your behalf in certain situations. This is a handy stipulation to have in your estate plan in the event you become incapacitated. If a power of attorney is “durable,” that means the document will remain in effect even upon […]

When Can a Will Be Declared Invalid?

There are some circumstances in which a person might challenge the validity of a will. As you prepare your will, it is important for you to create it in such a way that it avoids any of these potential pitfalls so it withstands any potential challenges it might face. Undue influence: If there is any […]

Why It’s a Good Idea to Plan Your Estate While You’re Young

There is a common misconception that estate planning is something people only need to worry about when they have a high-value estate, or have hit a certain age. The truth is everyone can benefit from estate planning, including people who are still quite young. Here are just a few of the benefits that come with […]

Common Myths About the Probate Process

The average person is not likely to be well versed in estate planning law, so it should come as no surprise that there are a variety of myths that surround the estate planning and probate process. Here are just a few of these most common probate-related myths and the truths behind them. MYTH: The probate […]

How Prenuptial Agreements Can Affect Estate Planning

If you pass away before your spouse and do not have a prenuptial agreement in place, he or she will have almost complete control over your estate and possessions. This is not necessarily a problem in some cases, but in other cases you may wish to maintain some element of control over what happens to […]