What’s the Best Way to Organize Your Estate Plan?
Does somebody else know where it is in the event of your death or incapacity?
Does somebody else know where it is in the event of your death or incapacity?
Creating a will should be the first step in a comprehensive estate planning process, since it allows you to make sure that your wishes are properly carried out after your death.
Locking away certain valuables and important documents in a bank vault could turn into a headache for you or your heirs.
Estate planning isn’t just for wealthy individuals with large assets; it’s essential for everyone.
The future is uncertain. However, you can ensure that your family and loved ones are taken care of with estate planning. Estate planning is a critical component of financial planning for the future.
Various types of property, such as bank accounts and real estate, can be owned jointly with another person(s).
When the rapper Coolio died in September, he joined a group of notables that includes Prince, Howard Hughes and Pablo Picasso—all of whom died without specifying who should inherit their money and estate.
Many people think that estate planning and writing a will are the same. However, one is actually just part of the other.
Before making a decision on a beneficiary, it’s very important to check your state laws. Some states have different rules on who you can name as a beneficiary.
At any given time, the average American maintains between 30 and 50 online accounts. These may be with banks, financial institutions, utility companies, email providers, social media outlets, commercial shopping or travel sites and accounts unique to technology, such as an account to purchase apps for a smartphone.