Do I Need an Estate Plan If I’m In My 20s? 3 Reasons You Need One
As soon as you are an adult, you should have an estate plan in place.
As soon as you are an adult, you should have an estate plan in place.
Since we’re all going to die (yes, even those of us who are still in our 20s!), we might as well make things easier for the loved ones who, along with grieving our loss, will have to deal with the financial and logistical pieces of our lives.
For married same-sex couples, a marriage license may soon no longer be enough to protect their union.
Of all of the essential estate planning documents, the durable general power of attorney is usually the document that is needed first.
All couples can now take advantage of tax benefits for married partners, pass assets from one spouse to another with ease and qualify for Social Security spousal and survivor benefits. However, not all couples want to get married.
You don’t have to be older and rich to do some estate planning.
When it comes to death and disability, your will alone might not be enough.
Nobody likes to talk about it, but death is inevitable for all of us. Therefore, you should count every moment as a blessing. Beyond this, you should remember there’s no time to waste, when it comes to preparing for your eventual passing.
“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.
The law sometimes appears to contradict itself. Specifically, the words ‘anything and everything’ do not always legally mean ‘anything and everything’.
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