Unfortunately, most people die without a will, and of those people more than 50% have children. The majority of individuals feel that they don’t have the knowledge to create a will or that it will take too much time to prepare or that they really don’t have anything to leave behind so they feel there’s […]
Widerman Malek Law Blog
Top Six Facts About Estate Planning
When making arrangements for your passing, the discussion, although necessary, is never really an easy adjustment to make or accept. Nonetheless, everyone, at some point in time, needs to have the discussion and do the paperwork. Here are six facts about estate planning that will make the process a bit less daunting. Trusts aren’t just […]
Three Common Types of Trusts
Planning for the future includes planning for the entire future. Before a person passes away, they must plan or decide where their assets will go. Many people will plan for family members to inherit their assets. Instead of worrying about those loved ones having to pay taxes on their inheritance, a trust can be set […]
Executors, Who Can Be One and What Do They Do?
When you create a living will, last will and testament, or any type of will that involves assigning assets or specifics to family members, it can become difficult to elect an individual to carry out the instructions of your will. It can become a great honor to be named someone’s executor, but it can also […]
What to Include in Your Last Will and Testament
The last chance that you have to make sure that everything you want to happen after you pass away does happen. You cannot make any changes to it because once it is in effect, you will be dead. It is a very important matter. When completing your last will and testament you should take it […]