Estate planning procrastination is relatively common. Many people dislike contemplating their death or how their health might decline as they age. They might put off creating an estate plan for years because they find the process unpleasant. Unfortunately, some people...
Month: July 2024
Can parents choose to leave their children an uneven inheritance?
Those with children tend to prioritize their progeny when establishing estate plans. Many parents take the simplest and most direct route to distributing their assets. They leave instructions to divide their estate evenly among their children after setting resources...
Estate planning for the protection of a growing family
Growing families have numerous needs. Parents may need to consider tactics to increase overall household income. They may also need to look for a more expansive living space. Beyond that, parents in the family probably need to talk about effective means of protecting...
What are advanced medical directives and health care proxies?
Creating an estate plan involves more than just considering your assets and determining who you want to inherit your property after you’re gone. You also need to think about what will happen in the event that you’re incapacitated by illness, injury or advanced age....