Crafting your Last Will and Testament is one of those pivotal adulting moments—it’s your chance to make clear decisions about the future of your estate. But what if, after all that careful thought, your will isn't considered legally valid? It’s
Think of a No Contest Clause as a peacekeeper among your beneficiaries. It’s there to deter anyone from stirring up legal battles over your Will. If a beneficiary believes they were shortchanged or excluded unfairly, this clause makes them think
Ever think about what would happen to your assets when you are no longer here on earth? Who would get what? Or will your beneficiaries have to off each other as they fight for a share of your property?
Would your family know that you intended not to stay on life-support indefinitely if you went to a permanent coma today? What if you just had a fatal accident and are unable to communicate? Would anybody know your wishes for
Did you know you can protect your assets with trusts? If you are concerned about creditors or any lawsuits coming after your property when you are no longer there, you might have a solution with trusts. Trusts are the most effective
When doing estate planning, it’s important to consider two options: wills vs trusts. While these two tools are part of estate planning, they are totally different and will serve you in different ways. So, between wills vs trusts, which option is
More than ever, lawyers and accountants advise clients to use estate plans to put their affairs in order. One of the benefits frequently listed is that a good estate plan can help you avoid probate. While you might do everything to
Setting up a trust is a suitable model for your wealth management strategy. Contrary to a popular misconception, having a third party hold your property or assets isn't only for super-wealthy individuals. Moreover, setting up a trust might seem costly
Have you started your estate planning process? The thing is, we have an estate to plan for. And not an estate in terms of property. It is all about what you own, from your laptops and computer systems to furniture,