What Estate Planning Documents Do You Need?
December 9, 2019
This year for the holidays, why not give yourself and your loved ones a little peace of mind?
Hard Work & Values
Should Never Go To Waste
This year for the holidays, why not give yourself and your loved ones a little peace of mind?
Having a trust is just one important piece of the puzzle, when planning for your financial legacy. Another piece: your trustee.
Most Americans should employ a Social Security “bridge” using their retirement-plan assets to delay claiming until age 70, when benefits max out, according to new research that comes as the first wave of workers dependent on 401(k)s begins to retire.
You do not have to be raising young children to be in the sandwich generation. Your children might be adults but need financial help, because of student loans or other financial pressures.
Everyone’s heard the stories of celebrities who died without a proper estate plan in place. It’s been a hot topic in the last few years with Prince and Aretha Franklin serving as unfortunate faces of the phenomenon. However, it’s not just freewheeling entertainers.
“Late Cars’ singer Ric Ocasek cut his estranged, supermodel wife out of his will, claiming that she ‘abandoned’ him, the now-public document reveals.
After someone’s death, it is typically a time of grief, high emotion, fear of the unknown and confusion. A good estate plan can alleviate some of this.
Your will is one of the most important documents you will ever sign. However, to think that over 70% of people don’t even have a will is, indeed, quite frightening.
More than likely, most people may not want to envision a time spent in court, arguing with siblings and other family members, or fighting with financial institutions and health providers to uphold end-of-life wishes and the management of personal assets.
Last wills and testaments, which were invented centuries ago, are the most famous estate-planning documents.
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Hard Work & Values
Should Never Go To Waste
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