DIY this and DIY that. In today’s day and age, the DIY craze is in full effect. And while this can be fun for some activities, such as home improvement projects, it’s something to steer clear of when estate planning. DIY estate planning sounds like a good idea for many reasons. Not only can it save you time, but you don’t have to consult with an attorney, thus saving yourself money. However, if you go down this path, you could find yourself making mistakes or facing challenges that you … [Read more...] about What’s Wrong with DIY Estate Planning?

Some people are comfortable sharing their entire estate plan with their children. Others would rather keep this private, as they have concerns about these discussions causing more harm than good. When your children are young, you probably won’t think twice about this. They don’t know anything about estate planning and you don’t want to scare them. However, as you and your children age, you may have questions about whether it’s a good idea to discuss your estate plan with them. Here are a … [Read more...] about Should You Tell Your Children About Your Estate Plan?

For many people, the first thing that comes to mind when discussing estate planning is the creation of a will. While it’s not likely to be the only part of your estate plan, there’s a good chance that it’s a big part of what you do. When creating a will, there’s a mistake you need to avoid: assuming that the only thing you can do is specify who will receive your assets upon your death. Yes, this is one of the primary goals of creating a will, but it’s far from the only detail to … [Read more...] about Remember to Include These Things in Your Will