Let’s be honest—no one wakes up excited to create their will or set up a trust. It’s one of those things that sits on the ‘to-do’ list, right next to cleaning out the garage and finally starting that workout routine. But here’s the thing: procrastination in estate planning has real consequences.

Congratulations on the purchase of your new home! Whether this is your first home or you are upgrading or downsizing from your current home, the purchase of a home is a big event in your life. When major life events occur, it is important that you have a plan in place to ensure that you are properly prepared for the future. Below are a few things to consider now that you finally have the keys to your new home.

Estate planning is an essential aspect of ensuring that one's legacy is preserved and distributed according to their wishes. However, the process becomes significantly more complex when dealing with blended families. Blended families, which may include children from previous marriages or relationships, present unique challenges and potential conflicts that require careful navigation. In this comprehensive article, we will delve into the intricacies of estate planning for blended families. 

The holidays, with their festive cheer and joyous celebrations, provide the perfect backdrop for discussing the importance of having an estate plan. It may seem like a daunting topic, but taking the time to address it now can save your loved ones unnecessary stress and uncertainty in the future.

Stepping into adulthood is an exciting milestone, and for many young individuals, heading off to college marks the beginning of a new chapter in their lives. With newfound independence and responsibility, it's crucial for college-bound students to be aware of the need for estate planning.

Having an updated last will and testament is more important than ever, especially now. However, a will that is poorly created or not frequently updated can be vulnerable to contestation.

The appeal of joint tenancy is that when one owner dies, the other will automatically inherit the property without it having to go through probate.

That's all well and good, but joint ownership can also cause unintended consequences and complications. And it's worth considering some of these, before deciding that joint ownership is the best way to pass on assets to your heirs.

To help you get situated, below are some important terms you should know as you think about your own estate plan.

This is a great time to be proactive and plan ahead should you or a loved one fall ill. One of the most important and relatively easy things you can do (and should do) is to select a medical agent and have your Advance Healthcare Directive set up. 

An estate plan can provide significant peace of mind by ensuring that your money and property are protected, plans are in place in the event you become ill, and your accounts and property pass down according to your wishes.

Confused about the differences between a will and a trust? If so, you are not alone. While it is always wise to contact experts like us, it is also important to understand the basics. Here is a quick and simple reference guide.

Most people understand that having some sort of an estate plan is a good thing. However, many of us do not take the first steps to get that estate plan in place because we do not understand the nuances between a will and trust – and dying without either.