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Why do I need a will?

Posted in June 18th, 2008
by Randy Peck in Estate Planning, Wills

Why do I need a will?
Source: http://money.cnn.com/magazines/moneymag/money101/lesson21/index3.htm
 
A will is a device that lets you tell the world who you want to get your assets. Die without one, and the state decides who gets what, without regard to your wishes or your heirs’ needs.
So-called intestacy laws vary considerably from state to state. In general, though, if [...]

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Top 10 things to know about estate planning

Posted in June 17th, 2008
by Randy Peck in Estate Planning, Trusts, Wills

Top things to know
Source: http://money.cnn.com/magazines/moneymag/money101/lesson21/
1. No matter your net worth, it’s important to have a basic estate plan in place.
Such a plan ensures that your family and financial goals are met after you die.
2. An estate plan has several elements.
They include: a will; assignment of power of attorney; and a living will or healthcare proxy [...]

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