Estate planning is not only for the wealthy. Anyone who is married, has children, or has any assets, should have at least some basic estate planning in place. This is an overview of four of the best reasons to have a Trust in place.
Once you have decided to address your estate planning needs, you may have to make some difficult decisions about who will be the executor (or executrix) of your estate, or the trustee of your trust, because this is the person you will be entrusting to carry out your wishes and manage the estate for your beneficiaries.
Your estate planning documents should reflect your current life situation and support your long-term goals. Here are four simple things you can do now when planning for 2019 and beyond.
Preparing a current a complete and updated list of all of your user-names, passwords, and online accounts is an important component of estate planning.
Many individuals and families use charitable trusts to leave all or a portion of their estate to charity when they die, both for philanthropic purposes and for certain tax benefits.