All in Estate Planning

3 Celebrity Probate Disasters and How to Avoid Them

Proper estate planning is key no matter what your income level is. Some of the world’s richest and most famous people enter the pearly gates with no estate plan in place, while others have made estate planning mistakes that tied their fortunes and heirs up for years in court. Take a look at three high-profile celebrity probate disasters and learn how you can be a celebrity to your family by securing your legacy the proper way.

Year End Estate Planning

Now is the perfect time to reassess your legal and financial situation to create a new estate plan or update an existing estate plan that no longer suits your circumstances. Read on to learn how to complete this paperwork priority without headaches and set yourself up for the New Year!

Why You Need a Trust

Trusts are not simply just about avoiding probate. Creating a trust can give you privacy, provide ongoing financial support for loved ones, and protect you and your property if you are unable to manage your own assets. Simply put, the creation of a trust puts you in the driver’s seat when it comes to your assets and your wishes.

Keeping the Peace After You Are Gone

A will or trust contest can wreak havoc on families. The conflict can result in possibly irreparable resentment and loss of familial communication. Careful estate planning can help you substantially reduce the risk, or even avoid this problem entirely. Read on to find out ways to you can build your estate plan to keep the peace and minimize family conflicts after you’re gone.

How to Choose a Guardian for Yourself

Every day we make hundreds of decisions from what to eat for breakfast to where we go on vacation.  But, what will happen if you can’t make decisions for yourself?  Before that time comes, there is one important decision you need to make. Who do you want to serve as your guardian? Read on to learn about the type of person that should make decisions for you when you can’t make them for yourself.

Blended Family Concerns Handled By A Well-Drafted Trust

It is important to understand that blended families and subsequent marries create important and unique issues when it comes to estate planning. You may need to account for a prior spouse who is still caring for minor or disabled children, and also possibly make sure your current spouse and any children you had together – and any step children – are also taken care of after you pass away. The good news is that estate planning can take all of these factors into account.

Do you really need a will? You May Not Think You Need a Will, But You Really Do.

You might believe that a will is only for the rich and famous, and not the average person who has a far smaller net worth. On the other hand, you may think that a will is entirely unnecessary since you have a trust, jointly owned property, or have named beneficiaries on your insurance. So, do you really need a will? The short answer to this question is “yes.” Read on to find out why.