Currently Browsing:Estate Planning

Difference Between a Will and a Trust

You’ve heard of a “will” and a “trust,” but you may not know the differences between the two. You may be asking yourself, “Do I need a will?” or “Do I need a trust?” or “Do I need both?” Both wills and trusts are valuable estate planning tools that serve different purposes. Depending on an […]

Change of Beneficiary – What You Need to Know

One of the main purposes of estate planning is to have control over how your assets are distributed when you die. When you choose people to receive your money, your home, your furnishings and personal belongings, they are called “beneficiaries.” A beneficiary is anyone who gains an advantage or profits from something. In the estate […]

Why Plan Your Estate?

Throughout life, there is one inevitable fact: someday, we all will pass on. This can be a scary thought for some of us, especially if we fear death. Imagine how much scarier this would be for those who have to live on in our absence. After this stark true realization, the question then becomes, how […]

Last Will and Testaments

The last will and testament, otherwise known as a “will” is a legal document that communicates one’s personal wishes as pertaining to their possessions and their heirs or beneficiaries. Your last will and testament will outline what you want done with your possessions; for example, whether you want them to be left to certain family […]

Importance of a Retirement Plan

From a personal and financial perspective, retirement is an important milestone in life. For most of us, realizing a comfortable retirement where we don’t have to pinch pennies is an incredibly extensive process that requires sensible planning and many years of diligent persistence. Once you reach retirement age, managing your retirement funds is an ongoing […]