An effective estate plan involves important legal documents such as a will, trust, and power of attorney. But your family member and heirs also need quick access to information on your accounts and where your documents are located. Estate planning, and preparing for...
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Estate Planning
What happens to my Facebook when I die?
Unless you are a Facebook power user, you may not think about Facebook very often, but chances are, you look at it a few times a day. In fact, if you actually tracked your usage, you may find that you use Facebook much more often than you would care to admit to anyone...
Picking the right trustee is important
When you estate plan, you have to make many, many decisions. You have to decide how your estate is divided, which heir gets family heirlooms, how assets will be distributed, how to minimize taxes, etc. Simply put, it is a lot. And, often, we lean on our family and...
When you have kids, you need to name a guardian
For new parents, this is an exciting time. Getting to know your new baby and learning how to be a new parent is simultaneously exciting, daunting and scary. If you have not already updated your estate plan to include your new baby, you need to do it as soon as...
Requirements for a will in Maryland
If you are just starting the estate planning process, you may want to start with creating a will. The main purpose of a will is to specify how your assets will be distributed after your death, but it can be used for other purposes as well. As you create your will, you...
Do I really need to plan for a coma?
If you do not have an estate plan yet, you are definitely not alone. Indeed, according to a survey last year by Caring.com, only about a third of us even have a will. Nonetheless, the fact is, you will die one day, and if you have anyone that will be left behind, you...
Ways to give to a charity through estate planning
Many people have a passion for saving animals, helping the homeless or supporting other social causes. For them, giving money to charity can be an integral part of their estate plan. Ways to give to charities One way you can give to a charity through your estate plan...
Why is estate planning important?
An estate plan settles your affairs and determines who will inherit your possessions and valuables after your death. There are few remedies if a plan is not in place when you die, and your family members may face financial complications and disputes. These are the...