Protecting assets for your minor heirs can be a challenge. If you plan on leaving assets to minors, you can leave it to the courts to decide on the best person to handle the funds or you can do it yourself through an estate plan, according to the Times Herald-Record in, "Proper legal planning...
Once you take the first couple of steps, if often becomes an easy process. You may only need a few documents to get your estate plan underway but people often delay because of the concern of complications, according to Forbes in "More Than Half of Americans Don't Have These Essential Estate ...
Stepmothers take one of the top spots in wars over estates. However, they may not be at fault.
You need to make the decision to create an estate plan and then you need to gather facts. In order to create an estate plan, you need to know what you need in order to organize your affairs, according to The Daily Courier in "I'm dead. Now What?"
Perhaps this is the year that you will make an estate plan. A good New Year's resolution might be to finally get an estate plan, according to the Virginian-Pilot in "Make estate planning a priority this year."
What should be done ahead of time, if family members do not get along? The issue of blended families and dealing with trust issues while estate planning, was recently discussed in a Market Watch advice column titled "My mother-in-law is deceitful -- can we stop her from stealing my wife'...
A Tennessee woman has given birth to a baby, after the successful implantation of an embryo that was frozen 24 years ago. The medical world is making advances in many fields, including all kinds of technologically enhanced pregnancy and birthing methods. Eggs, sperm and embryos can all be frozen ...
It might not be possible at this time to pass away and be brought back to life years later, but it could be some day. That could make estate planning challenging.
Estate planning has not kept up with children joining families through technological means.
State laws are similar, but differences can turn out to be important. If you relocate to another state, it is important to revisit your estate plan because there are a number of variables that have an impact on the plan.
Determining what will happen after you pass away by setting up an estate plan can be lead to a more fruitful life.
Many people find it hard to come to terms with their own mortality, which can make transitioning wealth from one generation to the next very difficult. But putting it off, and worse still, not dealing with it, can be one of the worst mistakes we can make.
There are common mistakes in estate planning that are not often mentioned, despite the fact they are made over and over again.
If you don't have an estate plan, the courts will decide where your assets go using statutes written by your state government.
If you are an older citizen considering remarriage, it would be wise to explore what you need to know about finances and estate planning. The trend in American to remarry in later years can lead to consequences down the road.
If you want to know some of the errors that have been make in the estate planning world, take a look at a recent video presented by The Motley Fool in ""Haunt Your Heirs From Beyond the Grave -- With These Horrifying Estate Planning Errors and Oddities."
Not all states recognize common law marriage and its impact on an estate.
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