Estate planning is an ongoing process that should evolve as your life changes. One of these changes is switching jobs, which often brings shifts in financial status and benefits. This transition can affect various elements of your estate plan. Therefore, updating your...
Creating an estate plan is a personal and often private process. It is important to make sure that your loved ones have the freedom and capacity to make their own decisions. Undue influence during estate planning can lead to questionable or even illegal outcomes....
According to CNBC, 67% of Americans in 2022 did not have an estate plan. Estate planning, while a challenging task, remains an essential part of securing your family's financial future. This is because careful financial planning puts your money and assets into your...
Creating an estate plan is a crucial part of preparation for end of life matters. The first step: actually create the plan itself. But the work does not end there. After creating an estate plan, it is important to keep it updated along with the changes in your life....
Creating an estate plan helps safeguard your assets and provide for your loved ones in the future. However, misconceptions surrounding estate planning can lead to confusion and potential mistakes. Here are a few myths about estate planning that people commonly...
Writing a will is arguably the most effective way to cement your legacy. After all, with a legally valid will, you can leave assets to those who mean the most to you. After you die, your loved ones can enjoy your gifts while remembering you fondly. According to...
Estate planning allows you to take action and secure the transition of your assets and personal items to those you designate within your documents. When setting out to determine how to create an effective and fair estate plan, you may want to consider other tools you...
Parents of children with disabilities face unique challenges when creating an estate plan. Providing for the financial well-being and care of a disabled child requires careful consideration of various factors, including government benefits, special needs trusts and...
As you probably know, college has become almost unaffordably expensive in recent years. In fact, according to CollegeCalc, the average yearly tuition for a four-year school in California is currently more than $14,000. You can ease the burden on your grandson or...
If you own a home, you are undoubtedly holding onto considerable wealth. In fact, according to Redfin, the average home price in the Monrovia area is well over $1 million. Because of the competitive housing market, your home also is likely to increase in value in the...