Many people assume that they don't need to create an estate plan. They believe that their assets will automatically go to their spouse or children upon their death.
You've heard many times that it's important to have a will. Why is it so important, though? Won't your spouse automatically receive your assets if you pass away?
Charitable giving is a gratifying practice. Unfortunately, charitable giving is rarely urgent, and it can get lost amid the day-to-day demands on your time.
Wills and living trusts are vital estate planning tools for all adults, but 58 percent of American adults say they do not have a will or living trust, according to a recent survey.
Individuals who possess small- to medium-sized trusts face an important decision: should I designate a family member to serve as the trustee?