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Rethinking Estate Planning: Why a Will Might Not Be the Best Solution
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. One of the most uncomfortable things you might have to do in your lifetime is make plans for when you're not around. That could mean buying a burial plot, pre-paying your funeral expenses, and writing up a will that divides your assets among your beneficiaries.It's a pretty common practice for people to use a will for estate planning purposes. And there's even software that lets you create one online without the help of a lawyer. But as popular as wills might be, they have a major pitfall you should know about.Continue reading
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer.
One of the most uncomfortable things you might have to do in your lifetime is make plans for when you're not around. That could mean buying a burial plot, pre-paying your funeral expenses, and writing up a will that divides your assets among your beneficiaries.
It's a pretty common practice for people to use a will for estate planning purposes. And there's even software that lets you create one online without the help of a lawyer. But as popular as wills might be, they have a major pitfall you should know about.
