No one wants to think about the need for a will, but creating one is very important to do especially if you have children. Whether you are single or married, planning for the future is always a good idea. Creating your will now is the first step toward providing for...
Month: August 2022
Who should you name as your estate executor?
An estate executor is a person who’s going to care of all the administrative duties for your estate when you die. You have the power to name the person who you want to do this. You should think carefully about this so you make a decision that’s in the best interest of...
Can a hastily made deathbed will meet your needs?
Many U.S. residents tend to put off making a will or estate plan, sometimes repeatedly. It is natural to feel uncomfortable when considering and planning for your own death but waiting too long is risky. If your health suddenly declines or you suffer life-threatening...
Do adult children of decedents make good estate administrators?
One part of estate planning involves designating a person to take charge of your estate after you die. Since many believe in the keep it in the family motto, they automatically choose a relative—typically an adult child—to act as an estate administrator. Sometimes,...