American Indian Owned Law Firm
You already understand the importance of creating an estate plan. It can give you and your loved ones peace of mind, knowing that your affairs are in order and your assets will be distributed according to your wishes. However, if your estate goes through probate, it...
Young people sometimes put off estate planning. If someone is just in their 20s or 30s, it’s natural for them to feel like they have decades left before they’re going to pass away, and they assume they can just do their estate planning later. They still have a lot of...
Determining the most effective manner for getting assets to loved ones after you die is one of the critical decisions that you must make when you’re handling estate planning. Some people are able to do this through a will, but there are times when that’s not the best...
When you draft an estate plan, you get to make certain decisions regarding what you want to happen with your assets. You may say that you want your financial accounts to be split evenly between your children, for example, and you may decide who should get specific...
Many people make their estate plans and never think twice about how their assets are managed. As the years go by, these estate plans may become outdated. If these testators never make changes to their estate plans, then it could create issues for beneficiaries. ...
Adding advance directives to your estate plan helps to ensure your healthcare preferences are respected when you cannot communicate them. They are legal documents that provide clear instructions on your medical care, helping to alleviate the burden on loved ones...
There are many different ways to use a trust as you make your estate plan. One example is to create a trust that incentivizes your beneficiaries to live in a certain way or accomplish specific goals. For example, some parents are worried that their children will live...
As you start looking into your estate planning options, you may have come across the term “intestate.” It is used to refer to when someone passes away without a will. This person is said to have “died intestate”, which changes how their assets are going to be passed...
When you start making your estate plan, you may want to select a potential guardian. Perhaps you and your spouse recently had a child. As new parents, you want to make sure that your child will always be cared for. Picking a guardian for them is one way that you can...
Inheriting money can be a bittersweet experience. While it represents a thoughtful gesture from a loved one, it can also be overwhelming, especially for those unfamiliar with managing large sums. This is where thoughtful estate planning comes in. By incorporating...