After you have established your estate plan, make sure it stays well-constructed by revisiting it on a regular basis or at significant life events. A lot of individuals review their estate plan at regular frequencies, usually when they go over their entire financial plan. This can be accomplished yearly, twice a year, or quarterly; for…
Even though every estate plan is unique, a lot of estate planning mistakes are not. In spite of the details of your personal circumstance or your estate objectives, it’s worth your while to examine these 6 common estate planning mistakes and learn how to avoid them. 1) Not Having an Estate Plan Not establishing an…
You might not feel like your child is an adult when he or she takes off for college, but when they reach age eighteen, your student is deemed a legal adult. Meaning, unless you finish some estate planning steps, you are going to no longer have the legal authority to stay informed about his or…
When you are in good health and busy, it’s easily put off thinking about what would happen should you come down with an ailment or get injured in the future. Whether or not you have any present health concerns, it is vital to be prepared for any such circumstance — especially the plausibility that you…
Happy New Year! Here at Ogborne Law, we love this time of the year. It’s a perfect time to reflect on the past year and the ideal time to set ambitions for the next year. Did you reach the goals you set for yourself last December? Even though healthy living is usually top of most…
Do you recall the last time you went over your estate plan? Should the answer be when you first signed the documentation at your attorney’s office, you are not alone. A lot of us create an estate plan and then fail to examine it for years (and many never do). It is important, nevertheless, to…
Even though the idea of estate planning is somewhat straightforward, a lot of people are uncertain about what the planning actually involves. This uncertainty has created some common myths concerning estate planning. Regrettably, these myths sometimes impede people from placing a plan together that can help them safeguard their family, money, and property in the…
A lot of people believe that estate planning is only for married couples, since couples include spouses that rely on one another, or since couples are required to make a back-up plan for the care of minor children. Single individuals, nevertheless, might not require a will to provide safeguarding for another individual. Rather, they need…
Estate Planning is important at any chapter in life; however, it becomes even more vital when you have a loved one that has special needs. Putting the right plan in place means you can be certain that you’ve done everything in your power to safeguard them even when you’re no longer there. A Special Needs…
Your financial plan needs to have retirement planning for offering complete financial safeguarding. The requirement for retirement planning rises as the average life expectancy increases. In addition to providing financial safeguarding following retirement, a further source of income is vital. Retirement planning lays the groundwork for achieving life objectives, overseeing medical emergencies, and becoming independent…
