Naming an executor is an essential part of estate planning. The party you choose ensures your estate plan protects your loved ones as you intended. Therefore, you should be extra careful when choosing one. The following are four factors to consider when choosing an...
While you don't need to explain every detail of your estate plan to your family, it helps to have an open discussion, especially if you have a complex estate or the assets are not divided equally. Talking to them can eliminate the chances of inheritance disputes....
There are few purchases as significant as a new piece of real estate. Whether you’re using it as a home or investment, real estate doesn’t come cheap. It's important to carry out due diligence before committing to an agreement. Additionally, you should know when you...
Some people come into this world with congenital conditions that will make them forever dependent on the care of others. There are many other people who acquire disabling medical conditions because of an injury or an illness that occurs later in life. In either event,...
As a real estate investor, it's crucial to have a thorough understanding of various legal concepts and terms associated with property ownership. One important issue of note is encumbrances. Encumbrances are legal claims or restrictions on real estate that can affect...
Putting together an estate plan can feel like a hugely overwhelming process, especially if you’ve never thought about it before and don’t know where to start. While estate planning can be very paperwork-heavy, it doesn’t need to be. When you’re just getting started...
Planning an estate involves preparing for one's passing and ensuring that their possessions are transferred in accordance with the testator's wishes. Estate planning is a continuous process and that may mean it needs modifications. A person may need to change their...
Estate planning is a process that involves making arrangements for how an individual's assets will be distributed and responsibilities fulfilled after their death. While much of estate planning tends to focus on financial assets, real estate and care for dependent...
Being a grandparent is one of life’s greatest rewards, but sometimes their joy is marred by fear and concern for the grandkids. Their own parents may be unable to care for them properly, leaving grandparents wondering what they can do about the matter. First, if you...
Self-care is of utmost importance during the challenging process of divorce. Divorce brings with it a range of emotional, psychological and practical stresses that can take a toll on one's well-being. Engaging in self-care practices is crucial for maintaining mental...
