Estate planning is one of the most difficult aspects of personal finance. As humans, we tend to procrastinate on dealing with our own mortality and often focus on seemingly more important issues facing us today. However, estate plans play a significant role in reducing frustration for loved ones, especially in the digital age. While most people realize that estate plans should be created to help distribute physical property such as real estate or jewelry, there is a growing need to consider intangible property.
Posts Tagged: Estate Planning Lawyer
Retirement is not all golf and grandchildren. Many people spend years planning for retirement and think they have it all figured out, until they actually retire. A recent Wall Street Journal article set out a few areas where retirees don’t know as much as they think they do.
Some sobering thoughts from the Great White North.
As we spend more of our lives online — banking, collecting credit card rewards points, playing virtual reality games, creating photo albums, emailing, tweeting — it’s increasingly important to consider how beneficiaries can access those accounts and any assets they hold, once we’re gone.
Do your aging parents resist any talk about the future or giving you any of their financial or legal information? You’re not alone.