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The pluses and minuses of unequal wills

Most parents go out of their way to treat their children equally. This tendency carries over into estate planning, so it is typical to split everything equally for the children. But some question whether equal amounts are equitable. Sometimes the parents see a need...

What not to put in a will

Drafting a will is always a wise decision. Of course, it enables a parent or loved one to pass along certain assets to specific beneficiaries. Still, it is also an official legal document that can state instructions for healthcare protocols, designate guardians or...

Estate planning for blended families

It is not uncommon for parents with children to remarry. While the first marriage may have been the one that the kids on one side or both sides are from, the final marriage may be the one that lasts for decades. Hopefully, it's a Brady Bunch-like situation where the...

Estate plans should not be a secret

Some find it difficult to discuss any arrangements they have made regarding a will and the dispersal of assets. It can leave their spouses or children unprepared for handling the details of arranging the funeral, continuing to pay bills that come in and manage other...

What is a health care proxy?

Perhaps you have a solid estate plan and have everything in place for what you want to happen after your death. While that is wonderful, you also should have a plan for what to do if you end up incapacitated and unable to make decisions for yourself. You can add a...