When crafting your estate plan, you may eventually reach a point where you are asked, “Do you want to be an organ donor?” Donors are desperately needed to contribute, upon their death, any vital organs for transplants into the living. Organ donation can include your...
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Estate Planning
How to pick the right guardian for your children
One of the scariest things for any parent to contemplate is the idea that they and their co-parent could die and leave their child orphaned. While you may not ever really make your peace with the idea that it could happen, you can take steps to secure your child’s...
Why do parents leave different amounts to their children?
Some parents set their will to split their assets equally between their children. This is what most children would expect to happen. Yet some parents choose an unequal split, which can cause problems as the children who got less may question what the child who got...
What does a financial power of attorney do?
There are several things that you have to think about when you’re creating your estate plan. While it’s easy to focus on the assets that you have to get to your loved ones, there are other aspects of estate planning that you need to think about. One of the important...
Should you review your estate plan with your family?
Estate planning is crucial to ensuring your assets are distributed according to your wishes after you pass away. It also allows you to make preparations in the event you become incapacitated. Your plan involved careful consideration, and now that it is in place, you...
What is a legacy letter?
Legacy letters are heartfelt messages that people leave behind for their loved ones, attached to their other important documents. Legacy letters are not essential to an estate plan, and they are not legally binding – but they can be powerful, nonetheless. Legacy...
3 preparatory steps to consider when estate planning
Many people fail to start estate planning because they find the prospect overwhelming. Dying without one in place could be problematic for those you leave behind, so you need to make a start as soon as possible. The following steps can help you get underway: 1. List...
4 tips for digital estate planning
Modern estate planning has undergone an enormous transformation with the proliferation of digital assets and online accounts. This shift necessitates careful consideration and planning for their management and distribution after one's passing. Without proper digital...
What are California’s requirements for a valid will?
Creating an estate plan is a vital task for adults. For those who live in California, writing out a will is one of the cornerstones of this plan. In order for it to be legally valid and enforceable, a will must meet the standards set by the state. There are a few...
Charitable trusts: An option to support favorite causes
Charitable trusts are an option for people who want to include their favorite charity or charities in their estate plan. While giving to those causes is the purpose of these, there are a couple of ways this can happen. Unlike private trusts, which are established to...
