What the Wealthy Are Doing With Their Estate Planning During the Covid-19 Crisis
Even with the pandemic looming and obstructing our normal way of day to day style of life, the wealthy can’t help but to look at their estate plan with the intent of finding available opportunities. Considering the era we are in, one would say this is not the right time for looking for opportunities. It […]
Answers to Questions on Probate, Wills and Executors
If you have no idea of what probate is, then here is your chance to. Probate is a very common process which usually begins after the death of an estate owner. This court-supervised process is done to authenticate a last will and testament of a deceased, provided he or she made one. The probate process […]
Estate Plan Bundle
Failing to plan your estate while alive can hurt your family and loved ones when you die. It will make the transfer of your assets difficult, a family scuffle may ensue, there may be multiple lawsuits from individuals who feel they are entitled to a portion of your estate; in general everything could get messy. […]
How Estate Planning Works
Estate Planning This is simply the process of arranging for an orderly transfer of your assets to the people you want to receive them, it involves identifying who you want to give your assets to and when, either in your life time or at death; but sometimes done after death). Reason for Estate Planning. Protects […]
Don’t let these too common Estate Planning excuses stand in your way
Reasons to Create an Estate Plan To make sure your assets go to the right beneficiaries Without an estate plan, your assets may be funneled through the probate process, which means that you won’t be assured that your boat went to your son or that your daughter was given the money she needed to attend […]
Will Estate Planning Checklist
Planning in general is very important as many vital things are sure to be missing or forgotten in the midst of other activities. This is why using a checklist can be of great benefit as it makes sure that everything is in other and is properly done as at when due. A checklist is like […]
What is Estate Planning
Seems like many people devote more time to planning a vacation, choosing a car to buy, or even selecting a spot to eat dinner than they do to estate planning—deciding who will inherit their assets after they’re gone. It may not be as fun to think about as booking a trip or checking out restaurant […]
Eight Estate Planning Strategies in a COVID-19 World
At its outbreak, the Coronavirus pandemic sent everyone into panic mode and literally everyone who had no plans began to initiate ways of securing theirs and the future of their loved ones. Estate planning can be complicated; it is not one of those basic DIY tasks. If you fail to make a good estate plan, […]
What is the Best Long-Term Care Insurance Policy?
Over half of all 65-years-olds will require long-term care at some stages in their life. Long-term care needs often last for two years or more and can be very expensive. If you aren’t financially buoyant, long-term care expenses can leave you broke. You or an elderly loved one may require long-term care after a severe […]
Importance of Estate Planning
An estate plan is one of the most important plans you’ll make while alive. However, a lot of people ignore this plan for one reason or another. To ensure that you take this plan seriously, we have outlined some of its importance. But before we delve into that, let’s consider what estate planning is. What […]