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Latest Articles

Expectations of the Executor
Wills and Trusts

Expectations of the Executor

author

Payge Torres Anderson

Jan 01, 1970

One of the most important decisions when making your Last Will & Testament is selecting an executor. Your executor is the personal and trusted assistant of your estate, as set up in your will. They are responsible for ensuring that all instructions and wishes in your will are carried out...

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DIY Will Basics
Wills and Trusts

DIY Will Basics

author

Payge Torres Anderson

Jan 01, 1970

Almost half of Americans don’t have a last will and testament. No one likes to think about end-of-life plans, but if you pass away without a will, it means added stress for your loved ones and potential problems with the lengthy and complicated probate process. You may not think you...

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Last Will and Testament Basic Information
Wills and Trusts

Last Will and Testament Basic Information

author

Payge Torres Anderson

Jan 01, 1970

When you feel it’s time to start planning your estate, you should start by creating a . This legally-binding document is vital to ensure your final wishes concerning your estate and funeral arrangements are honored. What you need to do when creating a will: A legally-binding Last Will and Testament...

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Living Wills and Health Proxies – Steps to Take During a Pandemic
Wills and Trusts

Living Wills and Health Proxies – Steps to Take During a Pandemic

author

Payge Torres Anderson

Jan 01, 1970

Advance healthcare directives are excellent tools to ensure medical professionals follow your wishes and beliefs on healthcare. They allow you to prepare for situations in which you are no longer able to make your own healthcare decisions. Living wills and health proxies are two key advance healthcare directives that prepare...

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Steps to Take for Estate Planning
Wills and Trusts

Steps to Take for Estate Planning

author

Payge Torres Anderson

Jan 01, 1970

Besides death and taxes, there are no guarantees in life. The uncertainty can lead to unexpected twists and turns, but you can make things smoother for you and your loved ones with comprehensive estate planning. While daunting, estate planning can be made simpler with the right process. Taking the following...

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Biggest Estate Planning Mistakes People Make
Wills and Trusts

Biggest Estate Planning Mistakes People Make

author

Payge Torres Anderson

Jan 01, 1970

Estate planning provides you with much needed peace of mind as you go through the sometimes daunting after-life planning process. It ensures your assets are distributed as per your wishes and keeps your loved ones safe after you leave. Mistakes, however, can lead to expensive consequences. Understanding the different aspects...

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Writing Your Own Will
Wills and Trusts

Writing Your Own Will

author

Payge Torres Anderson

Jan 01, 1970

Are you part of the fifty percent of Americans who haven't yet created a Last Will and Testament? Don't delay any longer. A will is one of the best ways to provide for your loved ones after you pass. is less complicated than it might seem, and it's essential for...

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Beneficiary Designations
Wills and Trusts

Beneficiary Designations

author

Payge Torres Anderson

Jan 01, 1970

One way to ensure your loved ones are provided for after your death is to assign beneficiaries directly to your financial accounts. Sometimes referred to as "beneficiary designation," this option lets your loved ones avoid the hassle and expense of probate court. One advantage of adding beneficiaries to your financial...

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Estate Planning Without a Lawyer
Wills and Trusts

Estate Planning Without a Lawyer

author

Payge Torres Anderson

Jan 01, 1970

Everyone needs an estate plan, regardless of age, income, or marital status. It's more than just a Last Will and Testament. The primary purpose of an estate plan is to provide comprehensive instructions and prepare loved ones in case of traumatic events or death. A complete plan includes the following...

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Hiring an Estate Attorney
Wills and Trusts

Hiring an Estate Attorney

author

Payge Torres Anderson

Jan 01, 1970

Although an attorney isn't required to create a legally-binding estate plan, you may find the experience and professional advice of an estate lawyer to be worth the investment. While more expensive and time-consuming than , a knowledgeable estate attorney can help you put together every facet and plan for every...

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Insights & Resources

Frequently Asked Questions

Balance sheets are not legally required unless you own a public corporation, where all are required by federal law to issue three financial statements, one of which is the balance sheet.
No. Property owners can rent to tenants who have not completed an application. However, it is recommended to use such an application if you plan on doing your due diligence about the prospective tenant first, including obtaining permission to inquire into their credit history.
Yes. Arbitrations are less formal than court proceedings, but the decision of the arbitrator is final and signing an arbitration agreement means you’re agreeing to comply regardless of the outcome.
Yes, they are, which is exactly why many unmarried couples living together choose to create one. Some states even grant Cohabitation Agreements equal weight as prenuptial agreements. If you want to ensure that the Cohabitation Agreement is aboveboard, it is recommended to have an attorney review it before signing.