Estate planning is one of the crucial things to do in life. You need to make reasonable judgments to protect your wishes and loved ones. Thus, excellent decision-making skills are necessary when creating all documents of an estate plan. Nonetheless, this can be...
A testamentary trust is created in a person's will and takes effect upon death. It is a legal arrangement that allows you to control how your assets are distributed after you pass away. While a testamentary trust can be a great estate planning tool, it may not be the...
When you run your own business, it’s easy for the weeks, months and even years to pass you by in an instant. You can feel like you’re always up against the clock. While this may be great for your business, it can mean that you don’t take the opportunity to plan for...
Estate planning is an ongoing process that requires regular updates to ensure the plan still reflects your wishes and meets your current needs. Failure to update estate plans can lead to unintended consequences, such as assets being distributed in ways unintended. So,...
Choosing the right person to administer your will and other estate matters is as vital as creating an estate plan. After all, this individual will have access to your money and property. Therefore, even a small error or an act of intentional misuse could cause...
