Your parents passed away, and you discovered that they had a lot of debt. You knew nothing about this before, and you certainly hadn't co-signed on any of these loans. You believe they were financial mistakes. But it's too late to correct those mistakes. The debt is...
Month: March 2022
Looking after your pet in your estate plan
When you have a pet that you love, they become part of your family. You spend time with them, you buy them treats when you go to the store and you include them in your celebrations. They are an important part of your life. If your children are now old enough to...
What is a no-contest clause?
When you create an estate plan, there is the chance that one of your heirs will contest that plan. This often happens when one heir doesn't feel that the plan is fair to them – such as if they've been disinherited. Many people want to avoid these sorts of contests,...
2 ways to reduce the risk of someone challenging your estate
You create an estate plan so that your preferences determine what happens to your property after you die rather than state law. Whether you want your business to pass to your oldest child or your executor to sell your house and split its value among loved ones, you...