My name is Alex Fit. I am a web specialist with over 15 years of solid professional experience. My area of expertise includes everything from website development, maintenance and support to the effective website promotion and advertisement.
We are currently living in a digital age as we are increasingly dependent on digitalization of everything like online payment of a bill, recharge, shopping, document conservation, etc. to make our life comfortable and thus our assets in digital forms are also increasing day by day. While talking about estate planning and doing it, people often neglect these digital assets while talking about the tactile properties making their loved ones suffer after their demise. Your internet accounts and anything that is stored online is also your property which needs to be protected like your other tangible and intangible properties. Estate Planning in Digital Age- Digital assets consist of personal devices like phone, laptop, etc., social media platforms like Facebook, Instagram,
From an early age you have been told that it is important to brush your teeth on a daily basis for good oral and dental hygiene. One thing that has been neglected is the importance of the toothbrush bristle on the brush you use. A brush with a comfortable, and effective bristle, is a major factor in helping people be more likely to continue with a healthy habit of brushing your teeth. Besides being in the habit of brushing your teeth on a daily basis, replacing your toothbrush is equally as important. An older toothbrush can actually hurt your oral health more than it is helping it. A good rule of thumb is to replace your manual brush or electric toothbrush head
Do you want to know whether you will have to undergo Probate now that your loved one has passed and leaves a last will and testament behind? The first question that a good probate attorney will ask you is was there a trust setup as well or just a Will. If there was just a Will the answer is, yes you will have to go through Probate! Please keep in mind the time frame and costs associated with Probate can vary from county to county and state to state as well as the process and laws governing the process. The value of the estate plays a very important role in this. For example, estates with a total asset value under
Mostly people think that estate planning is meant for rich and wealthy people and thus assumes that they don’t need estate planning as their assets will get transferred to the family automatically. While the fact is that each and every individual has one or the other valuable asset like a home, car, saving account etc. and thus an estate plan is required so that their wishes get fulfilled as without it, the fate of your assets and family is decided by the state laws. As estate planning is very difficult task, one should do the planning calmly and should not make a rush. Many people do mistakes while estates planning due to several reasons like evasion, scarcity of follow up
Estate planning is done to protect your assets along with securing the future of your family and loved ones. You spend your whole life in accumulating significant wealth to make your family financially secure and the rest of the time to protect your wealth from probate, taxes, and creditors. However, you forget one aspect of protecting your assets and that is from your own heirs as your assets can be lost very quickly in the lawsuit. It is quite common that the inheritors have a dispute over the estate of a deceased testator after he/she has left an estate plan which may lead to litigation. Estate Planning- The inheritors have various reasons to contest your estate legally due to uneven