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Putting together a valid will can resolve many estate planning needs. A testator with a valid will can select the personal representative who administers their estate or the guardian who might care for their children. They can list their beneficiaries and clarify what...
Spouses decide to divorce for a broad range of different reasons. Some people grow apart over the years. They may find that their values and goals in life no longer align. Other times, instability is what condemns a marriage to failure. One spouse begins an affair,...
People often use certain life milestones as indicators that it may be time to establish or review an estate plan. For many people, getting married or having children may be the personal changes that make them address their mortality. However, financial goals can also...
Married couples decide to divorce for various different reasons. Frequently, spouses grow apart over time. There's no single precipitating incident that leads to divorce but just a slow shift in the dynamic between the spouses. Other times, one spouse uncovers...
When you’re talking to the children about an upcoming divorce, it’s important to find the right environment or atmosphere for that conversation. If you choose the wrong time, it may go a lot worse than it would otherwise. So how do you help things go smoothly for your...
A couple’s age when they get married plays a big role in whether or not they will get divorced. They don’t know it at the time, of course. That divorce isn’t based on anything that happens on their wedding day, and it may be decades in their future. But what...
Most people know that dying without a will can lead to major probate challenges. Quite a few people know at least one person who lost a loved one who did not already have a will on record. They may have had a difficult time handling probate matters and may have...
While it is usual to leave your children something when you die, there may be occasions when you do not want to do so. Perhaps you wish to exclude one or all of them from getting anything. It’s your estate so you can usually do this. However, it’s not a decision to...
As you draft your estate plan, it may become clear to you that your life insurance policy is a substantial asset. Along with a family business or a family home, it’s probably one of your most valuable assets. As such, it’s important to you that it is passed down...
The divorce rate in The United States is one of the highest globally, with almost 50% of marriages resulting in divorce. This percentage increases by nearly 10% for those who have been married multiple times and persists for each subsequent marriage. Yet, despite...
