To make sure your furry friend is taken care of when you become incapacitated or upon your death, you can leave assets for their care and custody. The best way to leave your faithful companion assets is to set up a pet trust.

Dealing with the financial stressors of caring for an aging loved one can affect your ability to provide them with the care and compassion they need. Failing to manage these stressors correctly can put the security of your own financial future at risk. To mitigate these risks, consider these tips to help you make informed decisions about how to protect your future retirement plans while adequately caring for your loved ones.

Summer is the preferred time of year for many families to facilitate a move. While you likely won’t need to have an entirely new estate plan prepared for you when moving to another state, you should have your existing plan reviewed by an estate planning lawyer who is familiar with your new state’s laws.

As parents, it’s normal to experience anxiety as your child becomes an adult and spreads their wings. While you can’t totally prevent your child from an unforeseen illness or injury, by helping your young adult children put these legal documents in place, you can rest assured that if your child ever does need your help, you’ll have the legal authority to provide it.

What happens if you don’t plan? What will happen to your children? Who will make your medical decisions?

With COVID-19 still raging, your 2020 holiday season may not feature the big family get-togethers of years past, but you’ll still likely be visiting with loved ones in some fashion, whether via video chat or in smaller groups. And though the holidays are always a good time to bring up estate planning, given the ongoing pandemic, talking about these issues is particularly urgent this time around.

Investing in life insurance is a foundational part of estate planning. However, when naming your policy’s beneficiaries, there are a number of mistakes you can make that could lead to potentially dire consequences for the very people you’re trying to protect and support.

Every adult does need SOME estate planning. A will is always a good idea because it says who gets and who is in charge of distributing what you have. However, if the default law would have given your assets to the same people you would choose and authority to the person you would name anyway, then an online will would probably do nothing valuable for you at all.

Right now, huge numbers of people are coming face to face with their own mortality and realizing that they need to plan for the worst case scenario. This goes not just for those of us in the “senior” category, but for all of us, no matter our age. We are facing the reality of our mortality, and many of us are doing it courageously by taking this as an opportunity to learn what we need to do for the people we love.