As a homeowner, your house should be a critical part of your estate plan. According to AARP, your home is your most valuable financial asset. Determining what happens to it after you pass is not always an easy decision. If you have children, you may consider leaving...
Month: September 2022
What happens when a will does not get updated?
Creating a will determines the distribution of your assets after your death. Many people make their will early on years and forget to update it after a major life event. Failing to update a will could jeopardize how you want your assets divided. The chaos and...
What is home rule?
Municipal governments have some freedom to govern without being under the thumb of the state or federal government. Home rule is the concept that the city has a right to operate under its own rules as a separate entity from the other levels of government. This power...
Why do fewer than half of Americans have an estate plan?
If you feel like you need an estate plan but do not know where to start, you have a lot of company. According to CNBC, only about 33% of all Americans have an estate plan. Many people know the importance of an estate plan, but many put it off for various reasons....