
Why Shouldn’t I Wait to Draft my Will?
It’s an important task that is easy to procrastinate. However, here is why you shouldn’t:

It’s an important task that is easy to procrastinate. However, here is why you shouldn’t:

In order to give your brother half of the assets in the IRA, you will have to liquidate a portion of the account and pay the taxes on the liquidated amount if it’s a traditional IRA.

Your estate planning is done, but is it? A periodic review is an important ongoing step to your planning.

Without a will, decisions made about your property and assets will be handed over to local courts, which can make an already challenging time even harder for your loved ones.

Preparing for an estate sale can be a difficult and emotionally challenging task.

A 14-year-long legal fight among five siblings over a Queens woman’s estate has gotten so nasty that it landed two elderly sisters in jail, and now one of them may lose her home.

No one knows when their time will come, which is why it’s important to have a last will in place. This document ensures that your final wishes are carried out after your death. Without a will, the laws of the state of your residence at the time of death will determine what happens with your estate.

However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.

Whether you drew up a will recently or years ago, keep in mind it’s generally not something you can set and forget.

Most people should have a will, but it’s rarely the most significant estate planning document an individual holds.