Last week, in part one, we looked at the different things having a will in place allows you to do. Here, in part two, we detail all of the things that your will does not do, along with identifying the specific estate planning tools and strategies that you should have in place to make up for the potential blind spots that exist in an estate plan that consists of only a will.
Read MoreIf you have started to save for your child or grandchild’s college education, it’s worth considering whether to use a 529 plan, an education savings account, or an Irrevocable Trust.
Read MoreLast week, in part one of this series, we discussed some of the Cost Of Dying’s most notable findings and explained how proactive estate planning can dramatically reduce many of the financial, logistical, and emotional challenges for your loved ones following your death. Here in part two, we wrap up our summary of the report and outline more of the ways proactive planning can relieve the burden of your death for your family.
This week, let’s continue to find out how estate planning can reduce the high cost of dying.
Read MoreEstate planning is definitely not a one-size-fits-all endeavor. Even if you think your particular situation is simple, that turns out to almost never be the case. To demonstrate just how complicated estate planning can be, last week in part one, we highlighted the first five of 10 of the most common estate-planning mistakes, and here we wrap up the list with the remaining five mistakes.
Here’s part two of the series “10 Common Estate Planning Mistakes Your Family Can’t Afford to Make”. Check it out now!
Read MoreLast week, in part one of this series, we covered the first two ways DIY estate plans can fail, and this week, I’ve covered the remaining three:
Choosing the Wrong Executors or Trustees
Lost and Unclaimed Assets
Unforeseen Conflict Between Family Members
Read it now on our website!
