Who Will Raise Your Children? Why Naming a Guardian Is One of the Most Important Decisions in Your Estate Plan
For parents of young children, estate planning is about much more than deciding who receives your assets. One of the most important—and often most emotional—decisions you can make is choosing who will care for your children if something happens to you. While no parent likes to imagine such a situation, having a legally designated guardian can provide certainty, stability, and protection for your children during an already difficult time. [...]
Estate Expections Blog | When Should You Review Your Estate Plan?
Creating an estate plan is an important step you can take to protect your family and your ensure your wishes are followed. A will drafted years ago is not a "set it and forget it" document. An estate plan should evolve as your life changes. Documents that were perfectly appropriate five or ten years ago may no longer reflect your current family, finances, or goals. Reviewing your plan periodically helps [...]
Estate Expectations Blog | Common Estate Planning Mistakes that Cost Familes MONEY!
DIY and low-cost estate planning options can feel like a smart, efficient choice. The documents look professional, everything is signed, and it seems like the job is done. The problem is that most estate planning mistakes are not obvious. They are structural. And they often aren’t discovered until a family is already dealing with loss. When reviewing estate plans created online or by attorneys who do not regularly focus on [...]
Estate Expectations Blog | SURPRISE! Having a Will doesn’t avoid Probate Court
One of the most common misconceptions in estate planning is that a will avoids family members having to go to court. In reality, a will does the opposite—it ensures that a probate court case will be required. What a Will Actually Does A will is a legal document that outlines how a person’s assets should be distributed upon death. It may also designate guardians for minor children and name [...]