The estate planning term, “tangible personal property” might sound dull and unimportant to you or your loved ones. However, it includes items that make up tangible personal property, such as
While the laws regarding the execution of a valid will differ from state to state, but typically they require specific formalities. These may include signing the will in the presence
For many years, conservation easements have been a helpful tool that helps people plan their estates. They enable taxpayers to keep ownership of their land, while still receiving income and
One of the most effective ways to provide for your children in your estate plan is to set up trusts for them. Trusts offer many benefits, including the flexibility of
It’s not uncommon for people to address in their estate plan the fact that they could become physically incapacitated and unable to make critical medical decisions themselves. They do this
You may currently be facing a problem: You’re retired, or close to it, and want to enjoy life now, while also making sure there’s money left for your family later
Estate planning has its own language. While you may be familiar with common terms such as a will, a trust, or an executor, you may not be comfortable with others.
A living will could offer reassurance for both you and your family in case the unthinkable occurs. However, there are many people who overlook the importance of creating this crucial
Irrevocable trusts can help you pass on wealth to your family in a tax-advantaged way. However, there’s a catch: Once you set up an irrevocable trust, you must give up
Is your estate plan set up to give gifts to your grandchildren or other loved ones who are younger than your children? Or, maybe you want to leave assets to
