A revocable or “living” trust allows you to make changes to your trust’s documents up until your death. As reported by Entrepreneur.com, a living trust allows you to add or remove your assets and properties whenever you choose. Living trusts commonly hold real estate,...
Month: June 2023
Does your estate plan protect your digital assets?
Your will and trust lay out whom you want to inherit your cash, home and investments after you pass away. You probably also included personal items like your car, record collection and family keepsakes. But did you remember to include your digital assets? In 2023,...
Choosing the right guardians for your children
Perhaps the most significant decision you will make in your estate planning process is appointing a guardian for your children in the event of your death. Many younger adults underestimate the importance of naming a guardian, but you should do so if you have minor...
Essential components of a comprehensive will
Drafting a will is an important step in estate planning. A well-drafted will ensures that one's property and assets get distributed according to personal wishes after passing. However, it is not enough to merely decide to create a will; understanding what to include...