There are many reasons why men don’t make a will. Usually, in my practice, it was the wife who scheduled the appointment and dragged her reluctant spouse to it. By asking a few questions, it was clear there were many misconceptions about estate planning and also a little fear.
However, once the husband reviewed the plan to protect their children, avoid probate, preserve assets and provide security for loved ones, he was firmly on board.
As a parent, you agonize over the care of your child. Are they eating enough? Sleeping enough? Hitting the right benchmarks? But have you thought about their care if you are not around?
Many parents have not got around to making a will to name guardians for their young children. According to a 2017 Caring.com poll, 58% of Americans don’t have a will. That means a large percentage of parents have not made provisions for their children if something happened to them.
Continue reading “Who would want your kids? Tips for choosing guardians”
As we deal with the challenges of the current Covid-19 crisis it is important to look for ways to protect your family. Many things can happen during this time. You want to prepare for any scenario. Estate planning during a pandemic is helpful in case of any sudden illness or hospitalization.
A comprehensive estate plan covers many of life’s contingencies. A will is important but only comes into play at your death. There are other estate planning documents that help you during life events. For example, a sudden illness or medical emergency.
Continue reading “Estate planning during a pandemic – documents to consider”
Estate planning is critical not only to provide for your loved ones after your death, but also to protect yourself and them while you are alive. If you are suddenly incapacitated, who will take care of your financial, medical, and legal decisions? But how can you put together a comprehensive estate plan? Where do you start? Follow this helpful estate planning checklist to see what to update and what to put on your “to-do” list:
Continue reading “Estate planning checklist to jump start your estate planning”
Which estate planning myths are holding you back? Don’t have a will yet? You are not alone. According to a 2016 Harris poll on behalf of Rocket Lawyer: 64% of Americans don’t have a will. Why? Procrastination maybe. Or the fact that there are a lot of myths surrounding estate planning.
Continue reading “10 estate planning resolutions to make this year”
Going through a divorce is tough. The last thing you want to do post-divorce is sit down with another attorney to go through your estate plan. However, you just experienced a significant life event. Estate planning after divorce is critical to preserve your assets and protect your children.
Continue reading “Estate planning after divorce: 5 things to do”
What happens when you need to make changes to a will? First of all, congratulations on already having a will! But as life goes on you may change your mind about the particular provisions in your will. Minor changes to a will can be done through a codicil. A codicil is a legal instrument that modifies a previous will.
Continue reading “Making changes to a will – What is a codicil?”
The following is a guest post by byACRE to share information for the Sandwich Generation. We do not have any financial arrangements with byACRE and do not profit from them.
Continue reading “Help Aging Family Members by Discussing Mobility Issues”
Continue reading “First step in estate planning? Check beneficiary designations”