When properly prepared, a will outlines who inherits your assets and property after you die. Your will names a personal representative (executor) who will carry out your directives. In addition to asset distribution, your executor makes a public notice of…
Especially after a big life change such as a birth, marriage, divorce, or moving to a new state, you should check your estate planning documents regularly. Children grow up, marriages dissolve, property gets sold, and residences change. That’s why we…
Despite the COVID-19 pandemic, caring.com reports that overall, older Americans without wills remain the same. Remarkably, younger adults with a will show an increase of sixty-three percent comparative to pre-pandemic times. This 18 – 34 year old demographic is now…
We don't own much. Aren't we better off waiting until we have the money to plan? You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if anything should happen…
57% of American adults have not prepared a Last Will & Testament (a “Will”) according to Care.com’s estate planning survey. The survey found that participants were more likely or less likely to have a Will depending on issues such as…
It is common for young adults to consider themselves too young to have an estate plan. Young adults in their twenties and thirties often think they don't own enough to constitute an estate. However, an estate is the total of…
According to a survey by Caring.com, there has only been a slight increase of 2.5% in the number of Americans with a will over last year. Overall, the percentage of those with a will continues to decline, 33 percent in…