Expense is always a consideration when deciding whether to create an estate plan. Often, people are deterred from creating an estate plan because of the cost, time commitment or nature of the discussion. However, if you decide that you don’t need an estate plan or that you should wait to create one, you need to realize that you will then likely have to deal with the consequential costs of dealing with probate.
Are you planning to take a second trip down the aisle or have you already taken the plunge for the second time? For those who are in the situation, formulating the right estate plan can get a little complicated. In this article we will describe what options are available to you when combining families or creating a new one so that you can create an ideal estate plan in a second marriage.
Have you ever heard of the term Sandwich Generation? Well, these are the people that find themselves taking care of their children as well as their aging parents at the same time. In these situations, individuals have taken estate planning steps to not only include their children but also their parents in the plan. In this article we will consider different estate planning techniques for individuals who need advice in estate planning for aging parents so that those in the Sandwich Generation can find comfort knowing that they have taken the proper steps to protect all of their loved ones.
What keeps you up at night? Well, if Estate Plan fears aren’t among them, you may not be aware of the dangers of having a poorly structured Estate Plan.