Top 4 Mistakes to Avoid When Writing a Will
According to a recent article, approximately half of American adults with children have yet to write a will. While writing out a will might be the last thing on your to-do list, it’s extremely important to have one in order to protect your assets and ensure your loved ones are taken care of if the…
A Guide to Different Types of Wills
When people reach adulthood and begin accumulating assets, oftentimes the thought to creating a will is overlooked. However, the importance of creating a will cannot be stressed enough. A will is a legal document that names people to manage your estate and declares who will acquire your assets after your death. Different types of wills…
Living Trust: Is It For Me?
A legal trust is similar to a will – it’s a written legal document and it partially substitutes for a will and can be an important part of your estate plan. Your assets are put into the trust during your lifetime and then transferred to your beneficiaries when you die. You can make yourself the…
Donating Your Estate to Charity
Oftentimes, people opt to leave some (or all) of their estate to a charity or organization that they support. If you choose to leave part of your estate to charity, not only does it benefit the charity, but it could help reduce the amount of estate taxes your heirs must pay on your estate. Deciding…