When an elderly gentleman in the Midwest went to draft his estate plan, he had no problems setting up his will to divide his measurable wealth equally among his five grown children. His financial assets and real estate holdings would be relatively easy to convert and distribute, but there were many sensitive issues and problems
After you have died, you want to be able to leave your assets and possessions to those you love in the least complicated way possible. You do not want your loved ones to go through additional heartache or distress. They already are having to come to terms with your death, and now, they may have
Giving to those we love can be a joyful experience, and that is especially true for most parents. Some people’s warmest memories probably include giving presents to their young children and sharing in the resulting happy reactions. As you and your children grow older, you might not put as much work into the gift-selection process
When medical issues arise, it is imperative that you have a plan in place, in order to help you and your family deal with the situation. Many who face these types of problems do not have the legal, financial, and medical steps put in place, in order to deal with the ramifications of this crisis.
When you die without a plan in place, your wishes regarding all that you leave behind are unrealized. You do not have any say in what happens to any of the property or financial assets, and those you leave behind can find themselves in possession of assets that they do not know what to do
Are you one of the millions of Americans who made a New Year’s resolution this January? Every year, well-intentioned people around the world optimistically resolve to make some kind of behavioral change in the months ahead, usually with the goal of improving their lives or personal circumstances. Typical New Year’s resolutions include such noble endeavors