Before college, you should consider documentation to ensure that you have the right to control your child's medical and financial decisions.
Knowing these four key estate planning terms can help you to make better and more educated decisions regarding the future of your loved ones and how to best protect your legacy.
Here is an estate planning to-do list that all of us should consider.
Hopefully you have considered the benefits of doing some basic estate planning. As noted in prior blogs, it is essential for anyone with children and anyone who has any assets to distribute, regardless of age or income level, to have basic estate planning documents 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.