I received a phone call from an old friend recently who had recently lost his wife to cancer. She had just turned 60 and was the love of his life. Unfortunately, he will have to open a Probate to settle her estate as she had considerable separate property. He was very surprised to learn from
A last will and testament is essential for every adult. It establishes one’s wishes for distributing their property, whether real or personal, after death.
From time to time, it’s good to review why having a complete, up-to-date estate plan is so important.
A Last Will and Testament is a document you create during your lifetime that directs where your assets that are subject to probate (the formal process of having your assets distributed through the court system) will go at your death.
Congratulations! After decades of work, you’re ready to retire and celebrate your own personal Independence Day. Maybe you’re planning to spend more time with the family, visit America’s National Parks, or ramp up your volunteer work … you might even be thinking about starting a business. Whatever your plans for retirement, you get to choose!
