If you don’t have a spouse or children, you might think you don’t need to do much estate planning. However, if you have any assets, any familial connections, any interest in supporting charitable groups – not to mention a desire to control your own future – you do need to establish an estate plan.
Americans have been living through a ‘golden age’ of estate planning, but it’s coming to an end, says one consultant to ultra-high-net-worth families and family offices.
Expert tips on why starting your estate plan early, choosing beneficiaries, and thinking about how you want to transfer your wealth to the next generation are critical for your financial future.
Most people should have a will, but it’s rarely the most significant estate planning document that an individual will hold.
Army officials expect to unveil their final rule changes for burial eligibility at Arlington National Cemetery sometime this fall, after they finish sorting through significant public feedback on plans to restrict which veterans can choose the site as their final resting place.
Estate planning can be an emotional and challenging endeavor. However, here are three tips to make it easier and to help you prepare for the future.
In some cases, estate planning can be quite simple. In others, it can be a complex process with far-reaching consequences. In either case, it is important to review your wishes and have the proper documents prepared to ensure that they are followed at your death.
Is it better to help your children when you’re still alive? Or wait until after you die?
Death, taxes and our fingers are a few things we can count on. As for the former, taxes will be owed, and death is certain.
Digital assets are part of your legacy. It’s important to plan for how you want them to be managed after you’re gone.
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