Why is Estate Planning So Important to Black Americans?
Black Americans are 50% less likely to have a living will in place, in comparison to other groups.
Black Americans are 50% less likely to have a living will in place, in comparison to other groups.
Probate is not always an efficient process. However, it is the way to properly dispose of an individual’s property after they have died. It gives the necessary stamp of approval that the will is legitimate, and the executor has been confirmed.
Almost three years after San Diego developer and philanthropist Conrad Prebys died, a court fight continues over control of his $1 billion estate.
Leaving a legacy — sounds like something only wealthy people can do, right? It can be something like making a giant bequest to a university or passing on a significant estate to your children.
Some things don’t disappear even when you die, including credit card debt.
One in five Americans has married at least twice. However, a sobering 60% of second marriages end in divorce, the Census Bureau found.
Before Ashley Carlson’s father died of cancer in 2016, her only experience navigating the real estate world was finding a place to rent in San Francisco. As executor of his will, Carlson had to clean out and sell his home and a cabin in the mountains—both a couple of hours from where she lives.
There are many questions that come with inheriting a piece of real estate. Do you want to live in it? Do you want to sell it? Do you have to split the property with another heir?
Irrevocable trusts appear, by definition, to be unchangeable and inflexible. But are they?
Estate planning involves planning for how an individual’s assets will be preserved and managed.