After a loved one dies, his or her estate must be settled. While most people want the settlement process to be done ASAP, probate can take what seems like forever — between 6 and 12 months, believe it or not. The time delays create unnecessary stress. Six Reasons Probate Takes So Long There are many […]
You finally crossed “getting your estate plan done” off your list, and you’ve (rightly) breathed a huge sigh of relief. By tackling this challenge, you’ve not only established protections for your loved ones and legacy, but you’ve also freed up some important “mental space” that had previously been preoccupied. Once you create the documents that […]
When you sit down to create your estate plan, there are likely dozens of questions running through your mind. Who should get possession of your home? Who should run the family business? Do you want to create a college fund for your grandkids? What charity should you donate to? The options can be dizzying. Before […]
Leaving your hard-earned assets outright to your children, grandchildren, or other beneficiaries after you die may seem like the easiest and most desired form of distribution. Unfortunately such a scheme will make their inheritance easy prey for creditors, predators, and divorcing spouses. Instead, consider using discretionary trusts for the benefit of each of your beneficiaries. […]
