We love our pets. They are family members who give us unconditional love. We have a deep bond with them. Unfortunately, it’s estimated that about 500,000 pets are euthanized every year because their pet parents did not have a written plan for their care.
When you start planning for what happens after you die, creating a will is one of the most important things you should do. Without a will, your state of residence will determine how your affairs will be handled and your assets distributed after you die
Every year, tax brackets and exemption amounts are adjusted to reflect cost-of-living increases. For individuals creating or updating their estate plan, recognizing and understanding the impact of such changes is vital for beneficiaries.
If you are discussing your estate plan with an attorney, you may already be familiar with the benefits of using a living trust to protect assets. However, do you know the difference between a revocable and irrevocable trust?