Most of the time, people leave the bulk of their assets to their immediate heirs -- the adult sons and daughters they leave behind. But what if that’s not really your preference? What if you’d prefer to skip the next generation and leave your wealth to your...
Month: January 2021
What’s the difference between a conservatorship and a guardianship?
While many people put off estate planning for one reason or another, starting a new chapter in one's life, such as having a child, often motivates them to reassess the contingency plans they may have in place. Parents are even more apt to do this if they have a child...
Why leaving your pet to a child could be a tragic mistake
Most people creating an estate plan hope to leave their children, grandchildren and other family members most of their property. It is also a common practice for people to leave their pets or companion animals to family members as well. While it is possible to treat...
Can you pass on your digital movie collection?
Movie collections used to consist of cabinets full of VHS tapes or DVDs. Many people put thousands of dollars into them. Plus, those movies had a lot of sentimental value, as they may have watched them with their children while growing up. It just made sense to put...