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3 reasons you should avoid a DIY estate plan

With so many tools available online today, it can be tempting to create an estate plan on your own. While you might think you will save a lot of money and hassle with a DIY approach, it can come back to bite you or your heirs. The truth is, bypassing an attorney to get your estate planning documents can result in a plan that does not work or follow the proper laws. 

Getting married again? 4 estate planning tips to reduce conflict

As you prepare for your second marriage, it is imperative to take another look at your estate plan. Entering another marriage means you will have a blended family. Without proper preparation, there can easily be inheritance conflict once you pass away. You should take certain preventative steps to keep the peace among family members.

3 important issues to discuss with aging parents

Coming to terms with the fact that your parents are aging is hard. You might be uncomfortable thinking about it, and your parents might be uncomfortable talking about it. While there may be valid concerns, there are still benefits to discussing important end-of-life matters. By helping an aging parent plan now, you can save time, stress and money.

3 essential components of planning for incapacity

Nobody wants to think about aging and losing their health, but it is far better to plan for such circumstances than it is to neglect their eventual probability. According to the Family Caregiver Alliance, there is a 68 percent likelihood that adults age 65 and older will become mentally impaired or disabled in two or more daily tasks. You can mitigate the consequences of such events by effectively preparing in the following ways.

What is a living will, and do your parents need one?

A living will is a document that describes a person's wishes for healthcare. It comes into effect when the individual cannot make or communicate these decisions on his own. Other advance directives can also help ensure your parents' wishes are complied with.

3 ways to help your parent avoid probate

Are you concerned about receiving your full inheritance? If your parent has a will, it will have to go through probate, which can be costly and time consuming. Do you wish you would not have to worry about securing your inheritance directly? Thankfully, there are some ways to completely or partially avoid probate.