They say that the only things we can count on are death and taxes. For some people, the former leads to the latter -- if they don't plan ahead properly. Estate taxes, also known as "death taxes," are controversial, but they are not an issue for most estates. For the...
Month: November 2020
Don’t let excuses hold you back: Estate planning is essential
There is no doubt that estate planning can bring up some negative feelings. Some people don’t want to think about their eventual deaths or what will happen in their futures. It makes sense, but at the same time, having the right estate plan in place can help protect...
Your rights as an individual with a broken contract
When you complete a contract with another person or with a company, you expect the other party will fulfill their obligation to you. Whether you hired someone to rebuild your back porch who took payment and never did the work or you need a contract to purchase...
When Do You Need To Update Your Estate Plan? Taxes And Other Considerations
Creating an estate plan is a crucial part of planning for your future. However, the initial process of creating one is not the only important aspect of estate planning. Many people do not realize that they need to review and update their estate plan periodically in...
If you receive an inheritance, you may need a new estate plan
Receiving a sizable inheritance is often the result of a loved one taking the effort to create a comprehensive estate plan to protect their assets and allocate them to others after they die. If you have received a significant amount of money or physical assets, like...