Some assets transfer directly to heirs after a person’s death. Other assets must go through a process known as probate.
Although in many situations the advantages outweigh the disadvantages when selecting beneficiaries, there are always exceptions.
If you wish to maintain control during your lifetime over the assets you place in a trust, you may choose to establish a revocable, or “living” trust – most likely, along with a pour over will.
Powers of attorney that only allow an agent to do certain things are commonly referred to as a limited power of attorney.
While financial planning has been at the top of many Americans’ minds, a vast majority of people have stalled in creating an estate plan.
If you are preparing a will, it is important to choose an executor you can trust, who is reliable, and who will take their role seriously.
Choosing an executor is a big decision when it comes to estate planning. Here are three common questions about executors.
When you assume the role of surrogate decision-maker, it is crucial to understand the patient’s wishes and values.
A crucial, yet often overlooked, component of estate planning is reviewing assets, such as 401(k)s, pensions, and savings accounts, and ensuring you have listed a beneficiary for each of these.
Wills contain important information about who receives money, possessions, and property upon a person’s death. Who can view this information, and is it a public record?