Whether this is your first home or you're upgrading or downsizing, purchasing a home is a big event in life. When major life events occur, it is important to update many different entities and documents.
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What NOT to Include in Your Estate Plan
Although your documents should be thorough and provide all necessary information, some things should NEVER be mentioned in your documents, for security purposes. Here are three things you SHOULDN'T include in your estate planning documents.
It’s All in the Family: 4 Common Legal Terms That Describe Loved Ones in Estate Planning
"Heir", "descendant", "next of kin" and "beneficiary" are often mistakenly used interchangeably. They each have distinct meanings which are important to know in order to make sure your assets go to the people you want them to go to when you pass away.
Who Is Your Beneficiary?
When creating an estate plan, it’s important to consider your beneficiaries very carefully.
How to Divide an Inheritance Equally
Nothing ignites family arguments like inheritance. If you plan to leave money to more than a few beneficiaries, for the sake of peace and your own emotional legacy, know how to divide the proceeds fairly.