Most of the time, an estate is going to owe debts in one fashion or another. The person who passed away may have done a lot of financial planning and paid off most of their major debts, but there are simply things that cannot be accounted for. For example, if someone...
Month: October 2022
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How to help with the burden of college costs for a grandchild
If you’re a grandparent when you begin your estate planning, you may decide you’d prefer to contribute to your grandchild’s college education while you’re still around rather than through your estate plan. That way, you’re giving them a valuable legacy and relieving...
Changing your child’s legal guardian in your estate plan
The importance of choosing a legal guardian for your child in case anything should happen to both you and your spouse is one of the things that spurs a lot of young adults to put an estate plan in place. However, too many people put it off. It’s often a tough decision...