Thinking about death is unpleasant and morbid for many, but planning for the future is essential to protecting your assets while providing for your loved ones. However, if you are in the process of filing bankruptcy and you pass, understanding what will happen to your will and estate is essential.…
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When planning your estate, you may know what plan you want to create. However, when drafting your estate plan you may not know how to respond when asked who you would like your trustee to be. If you're ready to create a trust, ensuring you have someone to oversee and…
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A will is something many put off until later in life, despite the fact that you should create one as soon as possible, as it's one of the most valuable estate planning tools. If you own property, have children, or deposit money into a savings account, you should start drafting…
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Creating an estate plan is essential to prepare for the future and ensure your loved ones are taken care of. However, making estate planning errors can negate the entire process, making it difficult to execute your wishes. Understanding the most common estate planning mistakes is crucial to avoiding them, which…
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With the Obergefell v. Hodges decision in 2015 making same-sex marriage legal across the country, LGBTQ couples can now reap the same benefits as other couples. However, not all same-sex couples are married, and not all states recognize these unions but must comply with federal law. Luckily, estate planning for…
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One mistake many make when estate planning is waiting too long to do it. Not only can this cause additional stress later in life, but taking care of your assets and loved ones is something everyone should do. When planning your estate, ensuring you do so sooner rather than later…
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