The Six Biggest Estate Planning Mistakes
What are the biggest estate planning mistakes? Putting together a long-term plan for your family can be overwhelming and challenging to navigate. There are a handful of common estate planning mistakes that you can avoid when making important decisions for your family. 1) Failing to Plan The biggest mistake is failing to create a plan…
Naming a Legal Guardian for Your Kids, What Will Happen to Your Kids If You Die
What will happen to your kids if you die? Parents must make difficult decisions all the time. Their children’s health, education, and overall well-being are in their hands, after all. An important part of raising children is the question “What will happen to the children if I die?” No one likes to think about matters like this…
Estate Planning for Minimalists
What is estate planning for minimalists? Minimalism is a lifestyle that means living and thriving on the bare essentials. You can use minimalism principles throughout your life, from your home to future plans. An important way to prepare for your future with minimalism is to plan your estate. How should minimalists approach estate planning? Let’s dive…
How to Set Up a Trust for Your Child Right Now
Need to set up a trust for your child right now? As a parent, it is good for you to create a plan for distributing your assets in the case of your untimely passing. Part of that involves setting up a trust for your children. In a trust, you can choose a trustee who oversees such…
What is Probate Court and When Does an Estate Go through It?
What is probate court and when does an estate go through it? Probate court is a court that deals exclusively with the assets and liabilities of the estate of one who has died. A judge oversees the probate process and ensures all creditors are paid, then ensures assets are distributed by the estate plan or…
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