Blended families and step-families are very common these days.
When you think of wills your mind is probably filled with the image of a sweet elderly couple.
Previously, we published a two part series on Testamentary Trust Wills; what they are and their benefits. This series is going to dig a bit deeper and give you greater insight into the different aspects of Testamentary Trust Wills.
When is the ‘right time’ to get started with Estate Planning?
You may think “when I get old!” or perhaps “when I get rich!”
Too often, young families put off Estate Planning for these reasons, not realizing the importance of these documents. As a newly married couple or with young children, it can be easy to think that these documents can be dealt with later in life.
The main purpose of preparing a Will is to control how your assets are to be distributed when you pass away. One thing you may wish to do is to include a charity in your Will so that you can continue to contribute to causes that you care about.