Estate Planning is one of the most disliked but critical steps of financial planning. One of the prime reasons for this is the fear of death. No one likes to think about their death or make preparations in advance regarding transferring their hard-earned, lifelong savings and assets. Moreover, estate planning is complicated. The numerous rules, ...

Most people are inclined not to think about their mortality. Hence, they do not consider estate planning, especially writing a will, as an imperative task. Moreover, writing a will is often regarded as complicated, irrelevant, and most of all ‘a thing of the rich’. As per a 2020 Estate Planning and Wills survey conducted by ...

Assets are priced possessions regardless of whether they are inherited or self-earned. Over the course of accumulating multiple assets like real estate, fixed return investments, retirement accounts, insurance plans, etc., you may lose track of things in routine chores. Some people also spend their entire lives building up an empire for their family without letting ...

People make savings and investments keeping in mind the needs of their families. Most of the time, one generation is diligent and resourceful to turn their savings into heritage for the upcoming generations. There are several instances where people are still enjoying the earnings from their forefathers’ investments.  However, as someone looking to build a ...

Estate planning is often an ignored subject, yet an important one which should be on the top of your priority list. More than half of the adult U.S population is yet to make a will. The absence of a will could prove to be disastrous for their children if a tragedy were to strike. As ...

The importance of a will cannot be stressed enough. Apart from mentioning the distribution of a person’s assets and wealth, it also includes information about who would serve as the executor. It is the executor’s role to distribute the assets according to what is stated in the will. At times, individuals do not leave a ...