You can easily draft your own will through one of two methods: type it yourself on a computer or typewriter, or create one through an online program. Although handwritten wills are permitted, creating a formal, typed document is less likely to cause trouble.
By engaging in some simple estate planning, you can protect your privacy as well as ease the management of your estate after your death. After all, digital assets are today’s shoeboxes of photos, letters, and other mementos. Planning can preserve your legacy in its digital form.
The key to successful estate preservation is planning. So, don’t put it off. Consider taking these important steps now.
Writer Chuck Jaffe learned the power of planning from his brother, who suffered from a rare disease that eventually took his life.
Consider what would happen if you were to suffer a catastrophic illness or become incapable of managing your own affairs.
The careful planning of an estate requires a great deal of expertise. If you surround yourself with a professional, supportive team as you begin the process, work through its many stages and adjust your plans over time, you assure yourself—and those you love—that the future will be secure for all.
Whether you are Bill Gates, Warren Buffet, or just an ordinary Joe, the gifting principles, tax benefits, and philanthropic rewards of charitable giving can be relatively the same, regardless of how large, or how small, your gifting program.
Regardless of your net worth, take steps now to help ensure that your intentions will be followed as directed and that provisions will be made for your loved ones.
How much do you really know about estate planning? This trivia will entertain and educate you.
I have reached an age where the Rock & Roll legends from my generation are dying. The past year saw David Bowie, Glenn Frey, Prince, George Michael, Chuck Berry, and J. Geils – among many others – join that great rock band in the sky.
