If you want to make life easier for everyone in your family as well as all of your beneficiaries when you pass away, it is important to set up your estate plan in a way that helps it avoid probate. Probate is costly and time-intensive, which can be upsetting to those...
It is easy for people to justify not creating an estate plan. The whole process of considering your death or medical decline is unpleasant and potentially stressful. People also think that the possibility of future changes to their situation or family might mean that...
If you can, imagine your family having to deal with the loss of someone they love while also having to handle a funeral, sudden expenses and court dates. It is heartbreaking to think about people in mourning having to worry about deadlines and court costs, finding an...
People have all kinds of excuses for not creating a last will. They might feel like the fact that they aren't married and don't have kids means that they have no one to take care of through such planning. On the other hand, if they are married but don't have kids,...
It can be hard to accept change, such as a child growing older and more independent or the decision to end a relationship. But no matter how hard these changes may be, there is no way to avoid them. Pretending that they are not happening can even make things worse....
The assets listed in one's estate plan might not seem like anything more than just things, but each item -- whether tangible or not -- carries a much deeper meaning. By leaving behind specific assets for their children, parents in Lake Charles are also sending a...
How one passes property to heirs is just as important -- if not more -- as deciding which assets to distribute to heirs. There are generally two estate planning documents that people in Lake Charles should consider for inheritances. For some, wills are appropriate for...
Deciding what goes into an estate plan can be both simple and complicated. For example, creating a list of one's assets in a will might seem easy enough at first, but there are usually extra steps for things like retirement accounts or insurance benefits. Even making...
Making a plan for the future is important, and creating an estate plan is just one part of that. This is why some people in Lake Charles are proactive when it comes to creating wills. But estate planning can -- and often should -- involve much more. Here are just a...
A will is a very important estate planning document that virtually every adult in Lake Charles should have. But what about trusts? People often think that a will is enough to meet their needs and not give estate planning another thought. Here are some benefits people...