Only around 36% of parents who have minor children at home have a will in place. Those who don’t have one set up leave a lot to chance for the kids. When you take the time to set up your will, you can outline what you want for your children if you and your co-parent...
Estate Planning
How do you ask your parents if they’ve done any estate planning?
Are you concerned that your parents haven't done any estate planning? Are you worried about what that means for you and your siblings? You may feel uncomfortable bringing up estate planning. You don't want to sound insulting or greedy after all. You just want honest...
Arizona estate planning: What should you include in your will?
Glendale, AZ, residents new to estate planning often think about creating a will before considering anything else. In an estate plan, starting with a will is wise because it is something with which most are familiar. Making your will can also help you think about...
Can your siblings force you to sell your mom’s and dad’s home?
Inherited property can mean different things to different people. To your siblings, the family home could be a large chunk of money. To you, it may be a treasure trove full of happy memories of your mom and dad. Problems can occur when you jointly inherit a property...
What if the personal representative of an estate cannot execute?
When creating an estate plan, you need to pick a personal representative. They are the person who will execute your estate when you die. Other states call them an executor. They will carry out various administration tasks, such as putting your will through probate....
Celebrate your child’s 18th by creating an estate plan
There are many ways of celebrating your child’s 18th birthday. One valuable gift you as parents could get them is their first estate plan. Turning 18 marks the point where a child or minor becomes an adult in the eyes of the law. Why does an 18-year-old need an estate...
Reasons why creating an estate plan can be life-affirming
Many people put off creating an estate plan because they don't want to face up to the inevitability of their eventual death. Death is simply a fact of life that can be extremely difficult to accept, however accepting it is necessary for a fulfilling and positive life....
Why you may want to skip the fill-in-the-blanks online will
Boilerplate documents are everywhere on the internet. You can search for wills and find multiple documents and websites that can help you quickly enter your personal information on to a preexisting form. While this may seem like a fast and efficient solution, it may...
Can estate planning save money?
One of the reasons that people often give for putting off their estate planning is that they don’t want to spend money to do it. They just want to save that money so that their children can have it. There are some issues with this strategy, though, including the fact...
Estate planning for blended families
Those of us who are a certain age remember the Brady Bunch television show. Mike and Carol got married and merged his three boys with her three girls into one big happy blended family. While the show highlighted the zany antics of everyone living together, what would...