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Attorneys
Myths About Estate Planning You Believe In
Do you believe that estate planning is only about making a Will? You are unfortunately acting with only half the information. There is a lot
Attorneys
Estate Planning and the Military; Understand the Importance!
While you are responsible to take care of your family during your lifetime, it is your responsibility only to plan for them in case anything happens to you like incapacity or even death. While it is something that is essential for everyone irrespective of their age or wealth, it becomes mandatory for the people who are serving in defense forces as they have to live in life risky areas and environments. The military personals are more prone to life risks and severe injuries that can even lead them to be handicapped and thus making the estate planning more important for them to secure their family and themselves. Estate Planning- In view of the risky life that they live, the military
Attorneys
Is Estate Planning Only For the Wealthy?
Most people after hearing the term estate planning think that it is just for the wealthy. People with a huge amount of money are the ones that care about what they pass on to others, don’t you think? While the billionaires and millionaires do have a knack for estate planning, they are not the only one that can benefit for a good estate plan. Yes, you non-billionaire can benefit from planning; you don’t have to be super-rich and successful in order to distribute the possessions that you have. In fact, estate planning has very little to do with being rich. Planning Your Estate When you are going through the process of estate planning, it would mean that you get to
Attorneys
Estate Planning for Childless Couples & How to do it?
Today many couples in the U.S. are childless either by choice or circumstances. If you are one such couple, then you will think that you don’t need any estate planning as the assets will automatically be transferred to the spouse, however, you are totally wrong in this. Everyone needs to be assured about the fate of their assets and their loved ones. It is possible that the predominance of your financial legacy will be different from those who are parents. As a childless couple, you want to be assured that your spouse is taken care of, a pet is having a guardian, your likable charities are being supported and your wishes are being respected and fulfilled. Also, you may also
Attorneys
Estate Planning for a Married Couple: How to do it?
It doesn’t matter if you are planning to get married, a newly married couple or have been married for the years you need an estate plan. You need to understand that things change when you get married and you need to be a bit more careful now. Marriage is a very big responsibility and we know that every person wants only the best, for his or her spouse. If you are newly married then you must understand that estate planning will give you a lot of benefits from the start. Also, the couples who have been married for the years should also enroll themselves in estate planning. First of all, forget the old misconception that you don’t need an estate
Attorneys
Importance of Estate Planning In the Down Economy!
During a down economy, estate planning becomes the lowest priority as their net worth either stagnates or starts decreasing and people start looking for the options with which they can save maximum. However, they are unaware of the fact that some estate planning techniques work specifically during a recession and low-interest period. Expending money on such techniques can prove out to be an excellent option to dispense the asset from your estate while saving the taxes imposed on them. The economic recession can provide you with some opportunities if you approach estate planning with a long term perspective. Estate Planning In the Down Economy- There are many estate planning techniques that you can utilize to make the down economy advantageous
