Estate planning does not necessarily have to be complicated or confusing!
Most Adults Have No Estate Plan, Nor A Simple Will According To Study
It’s that time of year when best intentions are set forth and New Year’s resolutions are made. However, according to U.S. News and World Report, by February over eighty percent of those new year’s resolutions have been broken. For many, it is time to make a very important resolution that is easy to keep and will provide benefits for years to come. Make a will.
Many of us have heard or read lately of some of the celebrities who have died with large estates and no estate planning, creating headaches and confusion for their loved ones-celebrities such as Prince, Aretha Franklin and Michael Jackson, to name a few.
However, even those with more modest estates need estate plans to ensure that their savings are passed on to those that they intend. Surprisingly, or maybe not surprisingly, most adults have no estate plan whatsoever, not even a simple will.
Only 40 Percent Of Adults Have A Will Or Trust
According to AARP, citing a study by Caring.com, only 40 percent of adults have a … Read More... “NEW YEAR’S RESOLUTION: MAKE A WILL!”