For some people, the word “trust” conjures up images of spoiled college-age children living off the largesse of their families. However, trusts are not solely the domain of the incredibly wealthy and elite. Instead, trusts are wonderful estate planning tools for Americans of all incomes. The creation of a trust gives you more control over […]

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You could argue that one of the most common estate planning myths is that you can do it later, that you’ll always have time to get around to it. People do think this way, but most people technically do know — even if they still haven’t done their estate planning — that they can’t predict […]

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It’s important for everyone to know all that they can about estate planning. That means men, women, married couples, single people and anyone else. Far too many people enter old age without an estate plan or pass away without even a will. However, there is a special amount of focus on women when it comes […]

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Financial experts note that one of the main mistakes people make with their estate planning is simply that they let the plan become outdated. This often means that they do not update it through major life changes, like starting a business or starting retirement. However, you can also let your beneficiary designations become outdated, and that’s […]

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For a lot of people, the end goal of estate planning is relatively simple. They don’t want to do anything extravagant. They’re not looking for some out-of-the-box solutions. They just want to give their children a better life. In one study, for instance, a full 67 percent of people who were at least 51 years […]

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It is important for both men and women to do their estate planning. However, that does not mean that the process is exactly the same for both genders. Women often face some unique challenges that may not impact men — or, at least, may not impact them as often. For instance, take a look at […]

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Your spouse files for divorce. As the process moves forward, you start adjusting your estate plan. You want to cut your spouse — soon to be your ex — out of it entirely. Can you do that? You can, but it is important to note that there are cases where your ex may have a legal […]

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People often spend a lot of time trying to figure out how to put the family home into their estate plan. Do they just leave it to the kids in equal amounts? Do they sell the house and leave the money to the children? Do they ask the children which kids want it and which […]

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Estate planning can be emotional. No one wants to think about their own death, and making plans around your passing can seem morbid. However, taking steps to make sure that your estate is squared away can save your loved ones from additional grief after you pass. Here are a few considerations that women should especially be […]

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Like many people, you have put off estate planning for years. You’ve finally decided to settle down and do it, but now you’re not sure where to start. It all feels so overwhelming, especially as you deal with retirement and other such events. To help you, here are a few early steps you can take: This list […]

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