How To Become The Executor Of An Estate?
If you are creating an estate plan, it may be an opportunity to write a will and name someone in it you trust to serve as executor of your estate. Estate planning is an essential step in advance health care directives, beneficiary designations, and other estate planning documents. Executorship is a legal term describing who […]
7 Mistakes to Avoid When Choosing a Guardian in Your Will
People who take care of us and stick with us through the highs and lows of life hold a special place in our hearts. There are instances when the responsibility of caring for a child is bestowed upon a guardian. A guardian is a person who is appointed to look after the child or an […]
Why Do You Need An Executor For Will?
When you pass away, your will is one of the most important documents your loved ones need to deal with. In it, you’ll likely name an executor for will – the person who will be accountable for making sure that your last and final wishes are carried out. If you don’t have a will, or […]
Inheritance Rights: Things You Need To Know
If you’re like most people, the subject of who will inherit your assets is probably not something you think about daily. But if you have loved ones you wish to provide for after you pass away, the question of what will happen to your assets after you die is essential. In the past, it was […]
Does Marriage Override A Will?
In the United States, marriage is regulated by state law. Each state has requirements for getting married, but all recognize marriages from other states. You must be 18 years old to get married without parental consent. If you are under 18, you may need the consent of a parent or guardian. Does marriage override a […]
What Is The Work Of Executor Of Estate?
Estate planning is all about protecting your loved ones. Life is unpredictable; therefore, every individual needs an estate plan to ensure that all your assets (physical, financial, and online) are inherited by the people to whom you want them to be transferred after your demise. Without an estate plan, heirs could face enormous tax burdens, […]
How to make a will without a lawyer?
We all have heard or witnessed problems among family members regarding the distribution of property. Sometimes, it led to horrendous crime as well. The essential step you can take here to avoid such confusion and hassle after your death is to draft a will. A will lets you conclude what will happen to your assets […]
What Is The Difference Between Estate Planning And Will?
It’s not new for people to stumble on the question Is estate planning the same as a will and confuse Estate planning and wills. A will is a part of Estate planning. A will is a legalized document that ensures where one’s properties, such as real estate, cars, assets, or custody of their children. Those […]
How To Manage Your Digital Life
The internet is sort of an unavoidable part of our lives. It’s literally everywhere. Although the internet is a great place to communicate with your friends and family and share your ideas with them, it’s also a place that can get people in a lot of trouble. Thus, it’s important to manage your Digital Life. […]
Do You Need A Beneficiary For Your Bank Account?
Having a beneficiary is an important step you should take if you have any money or valuable property sitting in a bank account. A term like this may bring thoughts of IRA accounts, life insurance policies, and variable annuities, but having beneficiaries for each of those is less common than it used to be. Those […]
