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Around the Web: Five Ways to Bulletproof Your Estate Plan

m3admin
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Blog, News

Taking care of your estate plan early on is a great decision, without a doubt. There’s really no such thing as starting early with this. However, sometimes in life we think we’ve got our “ducks in a row” and somehow something goes wrong.

In this article, you’ll find great ways to make sure that the above doesn’t happen to you and your estate plan, by essentially making it bulletproof:

  1. Have a pre-paid, pre-planned funeral
  2. Set up a family committee to manage your revocable trust
  3. Have different lawyers develop a plan for you and your spouse
  4. Don’t underestimate your life expectancy
  5. Match your lifestyle to your income in retirement

There are always nooks and crannies that many people forget about, or not even think about at all! Click here to read further, and to make sure it’s unstoppable!

 

Around the Web: For the Blended Family

m3admin
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Blog, News

Estate planning is complicated as it is – sorting through and designating your assets to whomever. But picture a family where both spouses have been previously married with children. Now imagine this already-combined family having a child or more children together. It seems like things are beginning to look more complicated, right?

When a family is as complicated as this (regarding who gets what assets) it’s highly possible to cause hurt feelings and/or conflict.

Read on for the appropriate avenue(s) in which to make this process as stress-free as possible.