If you have children, and are at the beginning of your life in the proverbial “adult world,” you may have begun to give thought to estate planning. In that regard, you may be considering having a last will and testament prepared. There are a number of points to bear in mind when you have children and are considering having a last will and testament made.
Financial Considerations of a Last Will and Testament
In any situation, including when a person has minor children, financial considerations represent the primary thrust of a last will and testament. The focus in your case would be...
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December2015
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December2015
If you are unmarried and do not have children, you may be like quite a number of similarly situated people and have done little or nothing in the way of estate planning. This particularly may be the case if you are a younger adult. The reality is that an adult is never too young to start thinking about developing an appropriate estate plan. In addition, even a single person has very real needs when it comes to estate planning. In other words, estate planning is not just for wealthy, older, married people with children. Death without an Estate Plan One of the key aspects of estate...
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December2015
If you have made the decision to either start the process of estate planning, or if you need to update your estate plan, an initial step in that process is to consult a qualified attorney. An estate attorney will schedule an initial consultation with you to discuss your estate planning needs, typically at no charge to you. There are a number of factors to bear in mind when it comes to preparing for an initial consultation with an attorney. These include developing a list of questions for a lawyer, identifying your major assets or significant property, considering who you want your...
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