You have worked hard for what you have and are interested in understanding where your wealth would go if something unplanned were to happen. Of course you don’t want a random probate court to decide what would happen to your assets when they find you don’t have any written legal representation. Your options as of now in dictating where your money would go would most likely … [Read more...] about Do you need a Living Trust or is a Will sufficient?
Life Insurance
When Injury or Death Affects A Young Couple and Family (A Case Study)
Young families and couples starting out their lives have a lot of liabilities to protect, and deal with a higher amount of risk than older, more established couples. Here's a checklist on what to protect and how to prepare as a young couple. Tom, 35 and Mary, 32 are newlyweds, and they have two young children. Tom had put a down payment on a beautiful home in the suburbs … [Read more...] about When Injury or Death Affects A Young Couple and Family (A Case Study)
Estate Planning for Dummies: The Basics (Part 1)
Why estate planning is crucial, and what kind of huge debt you could be leaving to your family if you die prematurely. Homeowners, a living trust is crucial, as well as the rest of the estate planning checklist. Estate planning can be an overwhelming process. So much so that people just throw their hands up in the air and give up. But there's a huge danger in doing nothing, … [Read more...] about Estate Planning for Dummies: The Basics (Part 1)