Americans Making More than $100K Need an Estate Plan
Among those who do not have an estate plan, 63% said that they have considered creating one in the past and 46% said they do not know how to start.
Among those who do not have an estate plan, 63% said that they have considered creating one in the past and 46% said they do not know how to start.
When considering whether to contest a decedent’s Last Will and Testament, an individual should consider whether red flags might be present which may point to a successful basis to challenge a disputed Will.
Unfortunately, death doesn’t just happen to other people. We should all get our affairs in order, so that our loved ones can focus on grieving and moving on once we pass.
Estate planning should always be customized to each individual creating a plan. This is particularly important when planning for beneficiaries with disabilities.
If you die without a will, you die “intestate.” Your assets will be distributed according to your state’s law. That could result in a distribution you didn’t intend.
Here are some important parts of your estate plan that should be reviewed.
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, familial connections, or interest in supporting charitable groups – not to mention a desire to control your own future – you do need to establish an estate plan.
While the number of older Americans with wills has been dropping in recent years, that doesn’t mean you should forego this legal document.
Unfortunately, there are several common missteps people make in their estate planning that can lead to unwanted results. Read on to discover the two things you should never include in your will, as well as what to substitute instead.
It’s hard for a family to recuperate when the patriarchs and matriarchs have gone to glory, leaving a battle for who will carry the family’s leadership role and manage the family’s transition of wealth.
Aurora Professional Building
1402 S. Elliott Ave., Suite F
Aurora, Missouri 65605
Copyright © 2023 Ozarks Legacy Law. All rights reserved. Some artwork provided under license agreement.