Life can be pretty unpredictable. You can be healthy in one minute and incapacitated in the other. It could be due to a sudden illness or an accident that leaves you with limited bodily functions and unable to make decisions on matters that affect you. Picture...
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Estate Planning
3 important questions for your estate plan
If you’ve never made an estate plan until now, then you likely don’t know what’s all included in one. For many people, an estate plan is an itemization of assets, who’ll inherit those assets and final wishes, typically relating to their funeral. An estate plan has so...
3 smart estate planning moves as you prepare for retirement
Getting ready for retirement often means taking a hard look at your finances and your life. It is a natural and logical time to create an estate plan if you have not already done so or make important revisions to your existing documents. Whether you are about to draft...
3 ways you can minimize the effect of your debt on your beneficiaries
If you’re thinking about creating your estate plan, there are a variety of issues that you have to take into consideration. Sometimes, you may not be sure what to do if there’s debt and how it may affect your estate plan. According to the Consumer Financial Protection...
Why do people put estate planning off?
Estate planning is one of the most important legal processes that a person can partake in. It’s really something that every adult should look into. However, the reality is that many people don’t bother with estate planning. Why is this the case? Here are three...
Factors to consider as you draft your will
You’ve taken the important step of addressing your estate plan, but there’s still some way to go. You’ve decided to focus on your will first and build on this. Essentially, your will should include the desires that are most important to you, your final wishes....
How an estate plan helps eliminate concerns of probate and privacy
When it comes to planning for your future, part of this plan should include an estate plan. This includes official documents like a will, powers of attorney and more. However, as you create your estate plan, you should keep in mind methods to reduce the potential of...
3 signs it’s time to create or revise your estate plan
Estate planning is a process many people put off until very close to retirement. It is certainly smart for those about to end their professional pursuits and to start living on a fixed income to review their plans and make changes to them. However, waiting until you...
What happens if you die without an estate plan in Washington?
Many Washington residents do not have an estate plan or will. If they die unexpectedly, their family members will have only prior personal conversations to rely on regarding the division of assets. Unfortunately, people dying without estate plans is common enough that...