Downs Law Firm, P.C.
An unmarried couple needs to create an appropriate estate plan. If they truly want inheritance rights, they need to execute testamentary documents, such as wills.
When dealing with the emotional pain of the loss of a loved one, family members also have to address daunting administrative tasks.
No one has to accept inherited assets. Inherited assets can be disclaimed.
The world exists just as much online as it does offline. Failing to recognize that when planning for the end of life can lead to unexpected repercussions for survivors.
When a member of your family dies, you could be left to pick up the financial pieces. Finding all the information you need can be challenging.
The fact is people’s names often change. People get married and divorced, or sometimes they just legally change their names.
Going straight from a busy work life to ‘retired’ can be difficult if you haven’t mapped out your path. Preparing yourself effectively involves both financial and lifestyle choices.
What is the size of the average retirement nest egg? It depends on what you mean by ‘average.’
Seventy-seven percent of respondents in a recent survey said estate and legacy strategies were important for everyone, not just wealthy individuals, yet only 24% said they had taken the basic step of designating beneficiaries for all of their accounts.
Thanks to the Internet, everyone has the ability to draft wills, trusts, and a variety of other legal documents. Many documents can be produced for less than $100, requiring only a few mouse clicks and filled-in blanks.
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