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.
What is an unsupervised administration and why is it better than other types?
Probate is a process to transfer the assets after someone dies. For example, when a homeowner passes, probate allows for the home to be sold or transferred, if necessary, even though the owner is no longer alive to sign a deed.
When it comes to estate planning, not having a plan is a plan. However, it is not a good one.
No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.
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