Estate planning is important, not only to you but to your loved ones. Proper planning can protect you should you become incapacitated at some point, and it can be beneficial for your family should something happen to you suddenly. Here are the five key elements of an effective estate plan.
The executor of a will may be called upon to manage probate assets that include cash as well as stocks and bonds. It can be easy to make some common mistakes and end up in a legal battle with heirs of the estate. Here are three faux pas to watch out for when managing probate assets.
Everyone needs to play for what might happen in the future. It can often be overwhelming or seem unnecessary. This quick guide briefly breaks down what you need and why.
Losing a family pet is hard. For some, it feels like you've lost your best friend. Thanks to mother nature, this is an experience that animal lovers experience multiples times over the course of a lifetime. It never gets any easier, but there is something to be learned from it.
The first hard part is when you start to see your pet experience physical ailments and wonder whether he is suffering. This is the part where you watch your sprite kitten lose its fur and your playful dog struggle to stand. As right-to-die legislation is approved in California , we are reminded that our beloved pets have always had this right – and it didn't make the decision any easier. How does anyone decide when to end the suffering of their dying friend? How does someone decide whether to pay for that expensive cancer treatment? How does one know whether their canine-child would prefer enduring pain or sleep-inducing medication? It's no small task to end the life of a loved one, even when you know they're suffering. If only we could ask…
Estate planning is not for the dead or dying – it's for the living. Its purpose is for an individual to express his or her wishes so that they can be carried out when that individual is unable to do so. Too many people fail to place value in preparation. Too many people must think they are invincible and that accidents "don't happen to people like them." These are such obvious fallacies, yet they are rampant in our society. If they weren't – everyone would have an estate plan. This article is for the 20-somethings and 30-somethings and 40 plus-somethings who believe that they're "too young" to plan. It's for the invincibles.