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Many parents draft their estate plans with a hopeful vision of the future after they are gone. Few parents imagine their children fighting among themselves over nuances in the will or beneficiary payouts. However, these painful arguments have caused more than a few...
Your friends and relatives are becoming fewer and fewer. Aging and death does that. And these situations make you ponder about what to do with your estate. Maybe you have gotten a late start on estate planning, but it is a start, nonetheless. While making those first...
It’s one thing to inherit your parent’s china set or family silverware. You can either hold onto these heirlooms and pass them on to your children or sell them. It’s something else entirely when you end up inheriting your parent’s home. There are various financial...
After months of thought and discussion, you have begun the first steps toward creating an estate plan. Good for you. A solid and effective estate plan protects you, your legacy and your family. You want to be the one to decide what happens to your assets. Without a...
For many people in relationships, getting married is not a priority. Some couples do not believe they need to get married to prove their love and commitment to each other. For others, a bad prior experience with marriage has soured them on the institution. Whatever...
Remember the classic TV sitcom "The Brady Bunch"? It tells the story of two single parents and their children becoming one blended family. On the show, the Brady parents love all six of the kids equally. One could imagine that Carol and Mike's estate planning made...
Your neighbor is worried about someone breaking into their cars at night. To prevent it, they install bright lights over the driveway, which they turn on every evening.While you can see that the lights are a deterrent to crime, they also shine brightly right into your...
Ask any parent with multiple children if they have a favorite, and they'll tell you they don't. However, those children often feel like they do.This is important when considering estate planning, seeing as how childhood feelings and conflicts can come back even for...
As the executor or administrator of an estate, you will often have to make decisions that beneficiaries or heirs may find questionable. Depending on the instructions left behind by the deceased, you may have to liquidate assets that certain family members or loved...
In a realistic sense, outside of the cash they received, children often don't really need the items their parents leave for them. Their inheritance may include a home full of lamps, beds, tables, chairs and all the rest, but these adult children have their own homes...
