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The Importance of Legal Guardians and How to Choose a Guardian for Your Child

Many people think of a will as a document that sets forth who will get money and property after someone passes away, but a huge component of a will involves financial support and guardianship of minor children in the event of an untimely death. This is something that no parent wants to think about, but […]

What Is a Codicil, and How Is It Used to Change a Last Will and Testament?

One of the best things you can do to plan for your future and take care of your loved ones is to establish a last will and testament. However, circumstances in your life may change over time and render your original will specifications to be irrelevant or undesirable. You can make changes and updates to […]

How Sugar Consumption Affects Aging

A poor, non-nutritional diet, particularly one high in sugar can have disastrous consequences for overall health particularly in our more senior years. The sugar effect is cumulative and some of the bodily harm sugar causes can take months or years to undo if it can be undone at all. The more diet disciplined you are […]

4 Things to Include in a Letter of Instruction

A letter of instruction can be a beneficial piece in estate planning. It is an informal document that will give your loved ones important information about personal and financial matters after your death. Letters of instruction are not legally binding and do not replace your need for a will or a living trust, however, it […]

Estate Planning Update: How to Do It and When

Having an estate plan in place is one of the most important things you can do to ensure that your wishes are carried out and that your loved ones are taken care of after you’re gone. Some people think of estate planning as a one-time endeavor that does not require any additional reviews or revisions. […]

What Does the Executor of an Estate Do?

Being named the executor of an estate is a big responsibility that involves representing a person’s estate as whole in the legal proceedings. However, this title comes with many other requirements that must be handled in a detailed and timely way. This article will answer the question of what does the executor of an estate […]

Estate Planning With No Heirs

You have never been married. You are an only child and have no children of your own. Your parents are long gone and you have no other relatives. So, what happens to your estate when you die? Since you have no heirs, can you just skip the whole estate planning process entirely? Not exactly. If […]

What Happens When You Die Without a Will?

Aretha Franklin’s death was a shock to fans who enjoyed the Queen of Soul’s powerful music. What may be even more shocking was that she left behind a massive estate without a will. She reportedly was worth $80 million and had no will. Unfortunately, dying without a will is not an uncommon situation. Many people—even […]

Estate Planning Strategies for Expensive Hobbies and Collections

When many people think of their assets, they tend to include cars, homes, and money. Many people overlook collections of art, toys, sports cards, and furniture. These collections may seem like trivial hobbies to most people, but many collections have significant value attached to them. It is not uncommon for antiques and artwork to be […]

How to Protect Inheritances for Future Generations

You’ve worked hard to acquire your assets, and now that you’re getting older, you’re considering an estate plan. You want to pass down an inheritance to children and grandchildren, and while that’s a noble act, it’s easier said than done. Many people leave inheritances to family members, but rarely do they last. Inherited wealth may […]