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August 2015 Archives

Wills aren't as permanent or ironclad as they may seem

A will is a very important part of your estate plan. Many people may think that the will is the only document that relates to your estate plan -- some may even think the will is the estate plan. But your estate plan is actually a collection of documents, assets and contracts, of which the will is an important factor.

Making sure your will is enforceable

Wills can be a very helpful tool for a person when it comes to having their desires regarding their property carried out upon their death. However, wills can only serve this important role when they are legally enforceable. There are certain mistakes that can cause a will to be unenforceable. Such mistakes can undermine the entire purpose of a will and can make it so all the work a person did to form a will was for naught. Thus, avoiding such mistakes is very important.

End-of-life care planning and cancer patients

When a person has been diagnosed with cancer, there are many things it can be important for them to think about and plan for when it comes to the care they receive for their condition. One is, if the cancer ends up being fatal, what will happen with their care in the last stages of their life.

Don't let fear and anxiety get in the way of estate planning

Many people find thinking about the reality that they will one day pass away very difficult. This is understandable. One's mortality can be a scary thing to contemplate. Also, thoughts about what will happen with one's family and friends after one passes away can trigger many strong emotions and anxieties.

Special concerns can arise in high-asset estate planning

Estate planning can be valuable for individuals of all income and asset levels. However, this does not mean that how much in assets a person has is irrelevant when it comes to estate planning matters. It is one of the things that can heavily impact what sort of estate plan is best for a person.

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