Adult children go through it every day; they have to find a way to broach the topic of estate planning with aging parents. Just because most people go through it at some point in their lives does not mean that it is easy. Here are two ideas to help you delve...
Helping Families With Estate Planning In Pearland And The Surrounding Communities
Estate Planning
Estate planning is not complicated with a lawyer
Many people delay estate planning. However, the process is not complicated. It only becomes difficult if you wait until it is too late. Another way to complicate your estate plan is relying too much on yourself. According to caring.com, two-thirds of adults do not...
4 reasons your estate plan needs updating
Perhaps you drew up a will when your children were small. Then, you left the papers untouched in a drawer and never looked at them again. You probably thought you were ahead of the game. According to a recent Merrill Lynch and Age Wave study, only 55% of Americans...
3 common misconceptions about estate planning
Many American adults currently lack an estate plan, and this could be a result of misconceptions related to the process. In reality, preparing for your beneficiaries' security after your passing is relatively straightforward. Here are three misconceptions that may...
How should your estate plan change once your kids leave the nest?
Cementing an estate plan when your children are young protects them in the event of your death. However, what happens as they age and leave you to start their own adult lives? Empty nesters should consider revisiting their estate plans as children leave. Some of the...
5 common estate planning mistakes millennials should avoid
Career goals are usually top of mind for millennials, and estate planning is not a pressing concern. It may fit in near the bottom of a to-do list, if at all. However, accidents and illnesses happen unexpectedly, so it is best to be prepared. Creating your estate plan...
When is it too late to develop an estate plan?
If you made it through your working years without creating an estate plan, you certainly are not alone. In fact, almost 70% of Americans do not even have a will, let alone a comprehensive estate plan. Fortunately, it is almost never too late to develop one....
What problems can occur if you do not make an estate plan?
Making an estate plan is an important way to support your loved ones. When someone fails to create an estate plan, it can create several different challenges for a family. Taking action and starting the estate planning process can prevent unnecessary delay, hardship,...
When should you start thinking about estate planning?
You and your spouse are a young, working 30ish couple with small children. Is it too early to consider estate planning? Estate planning may not be a priority for you right now. You are building your careers, managing childcare, providing your family with housing,...
Is it too early to have an estate plan?
People often think of estate planning as something that is only for extremely wealthy people poor people who are well into retirement. This line of thinking may explain why nearly half of all older adults do not have a will. The reality of the situation is that there...