Will Versus No Will
It’s uncomfortable to think about death, especially our own. Add to that the question of what will happen to our assets after we die and it’s no wonder, so few people have created wills. According to a 2021 Gallup poll, only 46% of US adults have a will. This is a slight increase from 2016 […]
Creating a Will for Blended Families
It is common today for families to have stepchildren, and in cases of inheritance, stepchildren are often treated the same as biological children. This is particularly true where stepchildren are part of a blended family from an early age. Biological siblings may have different feelings about a stepchild inheriting what they perceive is theirs as a […]
Elderly Estate Planning
According to a 2021 study by Caring.com and YouGov, the percentage of Americans age fifty-five and older who have created a will has decreased from sixty percent to forty-four percent. In comparison to the pre-pandemic years, younger adults are now sixty-three percent more likely to have a will than before the epidemic. While seniors and […]
The Differences Between Wills and Trusts
Wills and trusts have specific and quite different benefits for estate planning purposes. Each state has specific laws and regulations governing these legal documents. You can have both a will and a trust; however, the information in each should compliment the other. As a standalone, it is not accurate to say one is better than […]
Why You Need to Your Estate Plan Up-To-Date
You should check your estate planning documents every so often, to make sure they’re still good, especially with big life changes like births, marriages, divorces, and moving to another state. Children grow up, marriages dissolve, property gets sold, residences change. That’s why we recommend that you consult us for an estate-plan check-up every five years […]