Although there is often a progression of complexity in estate planning, this progression generally follows stages in life rather than specific ages.”
Many people decide they need an estate plan when they reach a certain age, but when an estate plan is needed is less about age than Continue reading
“Creditors typically try to collect on unpaid debt, by going after the decedent’s estate during a process called probate.”
When a person dies, it’s not unusual for them to leave behind some unpaid debt. What happens to that debt depends upon how their estate was organized, says the Continue reading
“’Per stirpes’ vs. ‘per capita.’ Making the wrong choice could cause an estate planning disaster.”
No one relishes the idea of planning for their own death, but the alternative of not planning and leaving your family members to sort out an expensive mess is a poor way to be remembered. Continue reading