When you agreed to execute your friend’s estate, you probably never thought the role would involve selling some of the estate’s assets. Yet this may be necessary. There are two reasons to sell an estate’s assets Executing an estate is not always straightforward. Here...
Month: December 2020
Don’t forget about your business when estate planning
As a small business owner, it helps to realize that you cannot think about estate planning without including your business. If you fail to plan for succession, you may inadvertently devalue one of the most valuable assets you have to leave. What is business succession...
Why 2021 might be the time to update your estate plan
The current world situation has considerably reduced the country’s coffers. The government has needed to provide financial support to individuals and businesses. They may need to offer more. At some point, recuperating some of that money will become a priority....
Don’t forget these things when estate planning
When you think about creating an estate plan, some things are immediately apparent. For example, it is unlikely you will forget to arrange for your children to inherit your house. Yet, many people fail to make arrangements for other assets they own. If you forget to...
How can you legally prepare for Alzheimer’s?
If your parent had Alzheimer’s, you understand first hand the complications this can bring. You may have had challenges dealing with their personal and financial affairs. You will also know that Alzheimer’s is hereditary. If a parent had it, the chances that you will...