If you wish to create a trust for your family, you do not have to make one right away. You can use your will to form a testamentary trust after your death. This allows you to change your trust as many times as you want by updating your will. While a testamentary trust...
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Estate Planning
Estate administration issues and how to solve them
Did you know that up to 67% of Americans have not planned for after they die? This means that less than half the population has an estate plan of any kind. If you agreed to be the executor or administrator of an estate, you may think this process is relatively...
Who can contest a Will that has been filed for probate?
Probate is the process during which the decedent’s Last Will and Testament are placed of record at the Register of Wills Office in the county where the decedent resided. The Orphans’ Court oversees the distribution of the assets of the Testator – the person’s whose...
Is a funeral trust right for you?
If you do not want to burden your loved ones when they are grieving your death, you have probably thought about planning your celebration of life or funeral. You should not forget to set aside some money to pay for it, though. After all, according to the Zebra, the...
What should I look for in a good nursing home?
Choosing a nursing home for your loved one is a stressful time for everybody. With the prevalence of elder abuse, it is absolutely paramount to do due diligence when making this decision. However, even beyond the realities of abuse, you will also want to look for a...
Can you keep your funeral from being depressing?
If you have ever been to a funeral, you know how downright depressing many of them can be. After all, mourners tend to dress in black, shed buckets of tears and listen to outdated dirges and hymns. While there is certainly nothing wrong with wrapping up a life with a...
3 reasons not to let your elderly parents get too lonely
Like most Americans, you feel busier than ever nowadays. In addition to working a full-time job, you have a family to raise. You also have social, cultural and religious obligations you must fulfill every single week. All of this leaves you with precious little time...
Explore what goes into the usual funeral costs
When talking with your family about your estate plan, it is important to cover as many aspects as possible — including your funeral arrangements. Doing so gives you a chance to talk over your preferences and get your family's input. Pre-planning can make matters much...
Do advance directives belong in an estate plan?
Having your affairs in order before you die is a way to protect your family and heirs. A complete estate plan, however, should also contain tools that keep you safe as well if you become disabled or incapacitated. Comprehensive planning includes more than a will. The...
Why do people put off estate planning?
Estate planning, which means preparing for your future, can provide peace of mind and security. Despite this, only about 33% of Americans had any estate planning documents in 2021, according to Caring.com. There are many reasons why people might delay preparing for...