What is an Ethical Will?
An “Ethical Will” is a statement of personal values. It can set forth life philosophies, wishes, testimonials, almost any final message you want others to know.
An “Ethical Will” is a statement of personal values. It can set forth life philosophies, wishes, testimonials, almost any final message you want others to know.
A personal representative is the person named in a Will to handle the Will-writer’s property after death. It is the name of the person often referred to as an Executor or Administrator.
Getting your affairs in order creates a sense of peace. This can be especially true given the current uncertainties related to the Coronavirus. Here a three planning tools that bring greater peace of mind.
Beneficiary designations are contracts generally not governed by a will or trust such as life insurance policies, annuity contracts, IRAs, and other retirement plans.
The revocable trust (aka “living trust” or “family trust”) is a popular way to plan for your future. However, despite the popularity, trusts are not without potential problems. In deciding what is best for your family and estate, here is some basic information about revocable trusts.