Many people understand the concept of a traditional will when they think about estate planning. However, there is another type of will that you may have heard of but might not fully understand: the holographic will. Before you finalize your estate plan, you should...
Wills
What are common reasons for challenging a will?
When a loved one dies, their will often dictates where their assets and belongings will go. However, there are instances where individuals may contest or challenge the validity of a will. This legal process can be complex, but it is important to understand the common...
When should you update your will?
Life is dynamic, filled with constant changes in relationships and priorities. Ensuring your will accurately reflects your current wishes is a huge aspect of responsible financial planning. Thus, it is important to review your will to align with your circumstances....
Differences between an irrevocable trust and a revocable trust
About 33% of Americans have a will or estate plan of some kind, according to a Caring.com survey. Individuals often encounter the terms "irrevocable trust" and "revocable trust" when estate planning. Both types of trusts serve as legal arrangements that can manage...