• Create a will to determine who will receive which assets after you pass away and appoint a guardian of any dependents. • Update beneficiary designations regularly, especially if there are any changes to the policyholder’s marital status or financial situation. • Create durable powers of attorney to appoint someone else to act on your
Every individual needs to have a plan in place for after they pass. While most people think about wills, life insurance policies, and other traditional methods, many more things need to be taken care of as well. One of the most important things you can do is make sure that your assets are protected and
Are you looking to move abroad as a family? Perhaps you have been assigned to a post abroad and aren’t sure how long it will take you to finish that project. Or are you immigrating, perhaps? Are you planning to raise your family in another country? No matter your reason for moving, the properties you
There are laws that surround the purchase of real estate property. Be familiar with mortgage laws when buying a new home for your family so that you don’t get into any complications with the seller. When things get complicated and there are certain terms that seem unfamiliar, it might be a good time to get
After working hard to own everything under your name now, you’re probably wondering how you can make sure they’re taken care of when you lose the capacity to do it yourself. It can be due to incapacitation or death. To some people, estate planning is done when someone’s nearing the end of their life or
One of the few upsides of a divorce is the settlement. While nothing can erase the pain or bring back the time lost to the ordeal, you get to reap the benefits of the properties awarded to you. If you know how to make the most of your newfound wealth, you’re practically set for life.
Hiring a property attorney costs a lot of money. But instead of focusing on that, your focus should be on how it is money well spent. Though not legally a requirement in most states, it is better to have an attorney draw up the paperwork and file it with the right authorities and registration bodies.