Same-Gender spouses are often challenged when they need to make parental, medical, and financial decisions for partners who are incapacitated or unable to communicate because they may have family members who remain opposed to the validity of their marriage. If you're in the same situation, you especially must need to put a comprehensive estate plan specifically design for your situation to ensure your planning strategies for your loved ones work exactly as you intended. Learn more here.
Indeed, pets can become our closest companions and it’s only natural you’d want to make sure your furry friend is provided for in your estate plan, so when you die or if you become incapacitated, your beloved companion won’t end up in an animal shelter or worse. Having a will in your estate plan is good, however, it is not the best suitable option for ensuring that they are protected and provided the kind of love and care they deserve. Read here the reasons why.
It is crucial to create (and regularly update) an inventory of all your assets, including digital assets in your trust and to immediately amend your plan following major life events like divorce, deaths, births, and inheritances to ensure that your assets will never be lost and will be inherited by your family. Learn here the consequences of not updating your plan.
Most people don’t find estate planning necessary, but there are certain things you should do immediately. Avoiding estate planning will end up hurting your loved ones in the long run, they will end up paying much more for a simple task you could complete now. Plan now so that your loved ones are not stressed after your death. Here are tips to help you make smart decisions for the benefit of your loved ones’ future.