Generally, every estate plan requires a will, but this main attraction may be complemented by other documents, like a letter of instructions. The letter, unlike a valid will, isn’t legally binding but can be valuable to surviving family members.
If you haven’t done so already, draft a letter of instructions and, most importantly, make sure that others know where and how to locate it. (more…)
Today, you can do practically anything online that used to require face-to-face contact. For example, you can buy clothing, do your banking or even download a form to write your own will. But a “do-it-yourself” will is a risky proposition, especially if you have considerable wealth. (more…)
Virtually everyone needs an estate plan, but this isn’t a one-size-fits-all proposition. Even though each person’s situation is unique, general guidelines can be drawn depending on your current stage of life.
The early years
If you’ve recently embarked on a career, gotten married, or both, now is the time to build the foundation for your estate plan. And, if you’ve recently started a family, estate planning is even more critical. (more…)
You probably don’t have to be told about the need for a will. It’s been said over and over again. But do you know what provisions should be included and what’s best to leave out? The answers to those questions may not be as obvious.
Typically, a will begins with an introductory clause, identifying yourself along with where you reside (city, state, county, etc.). It should also state that this is your official will and replaces any previous wills. (more…)