The most vital role of estate planning is to determine how to allocate your properties. But what if there is no one to take over your estate? Do you still need to plan your estate or you leave it the way it is? As of 2018, Statista reported that a little less than half of…
The number of non-citizens in the US has quadrupled since 1965. Studies show that non-citizensn in the US reached a record 44 million in 2017. While you might find it pleasing to relocate to the country to look for work or to live, challenges arise once you decide to plan your estate. As a non-citizen,…
It is a well-known fact that 33 percent of people buying houses are first-time homebuyers. So, you have just bought your first house, or this is an addition to the ones that you already have. Well, many people are so excited when they buy a home that they forget one vital element of life –…
College is an exciting time for young adults. It’s one of their first major steps towards adulthood and with it comes adult responsibilities. To make the transition easier, parents should sit down with their college kids and come up with an estate plan. This will ease any parental concerns and let the student live their…
Estate planning is a family activity. Getting the entire family together can be difficult. People have their own lives involving work, school, family activities, and other time-consuming obligations. Family gatherings such as holiday parties and picnics can be the perfect setting for an estate planning discussion to take place. This article has several tips to…
Every state comes with its own rules and regulations on how the debts need to be paid. The executor is required to notify the creditors that the person has passed away so that these creditors can lay claim for their payments. The way the notice is sent to the creditor varies from one state to…
A mentally ill child is your responsibility. The government also chips in with public benefits to help you handle the situation. However, we have seen some cases where the family of the mentally ill child ended up jeopardizing the eligibility to receive these benefits. Let us focus on how you can plan your estate the…
Estate planning mistakes can leave your adopted child, however much you love him, without any cent. Each state has rules about inheritance, which means you need the services of an established estate planning attorney to interpret the rules for you. They also guide you on coming up with the best estate plan. When you don’t…
Cancer – the dreaded disease that has beaten even the minds of the best scientists. Cancer diagnosis isn’t a death sentence, but many times, the prognosis of patients is poor. Some patients live for a few months while others survive with the cancer for years. Some families see cancer as a taboo, a subject they…
The previous article gave us an idea of how to resolve estate planning issues and how to value the house before selling it. This part looks at the next steps. Perform a Home Inspection Tidbit Did you know that if a home review uncovers problems with the house, the buyer might lose interest in your…