Despite the hard lessons learned during the COVID pandemic, surveys repeatedly show most Americans still don’t have an estate plan in place. According to the article “Five benefits of estate planning” from The Aspen Times, a comprehensive estate plan ensures your assets are distributed according to your wishes when you die, minimizes taxes on your estate and protects … Continue reading Top Benefits of Estate Planning
Category: Assets
Why It’s Important to Update Your Estate Plan
When someone dies without having updated their estate plan for many years, the executors often face a difficult task of administering a disorganized and incomplete estate. At best, the executor needs additional time and resources to organize the estate. At worst, says an article titled “Estate plans require maintenance” from The Record-Courier, the decedent’s wishes and desired distributions … Continue reading Why It’s Important to Update Your Estate Plan