If you are creating a will in Alabama, you might be worried that your family will try to challenge it in some way. There are certain steps you can take to reduce the likelihood that this will happen. Clarity in your will One of the most important things you can do to...
Estate planning with difficult heirs
Planning out how your Alabama estate is going to be handled once you've passed on or you are incapacitated is one of the most important things you can do for your loved ones. However, even if all legal obstacles have been met, there are certain things that people may...
How to Share Your Estate Plan with Adult Children
An estate plan is an important document to create no matter where you live, including in Birmingham, Alabama. In many cases, the estate plan will include information about your beneficiaries and your will, which may include your adult children. It is important to...
Is a special needs trust right for you?
Estate planning is about so much more than just figuring out who is going to receive your personal property when you pass away. It’s also about protecting yourself in the event of incapacity, motivating your loved one’s to do something after you are gone, and even...
Pitfalls to avoid after crafting an estate plan
It seems that everyone is talking about estate planning these days. After all, every day we are faced with the looming reality of our own mortality, so this is to be expected. However, even after one takes the prudent and smart steps to make an estate plan, there are...
Estate plan updates: When should you revise it?
While one critical error in estate planning is to not have an estate plan, another one is to not update one after creating it. Just having an estate plan is not enough—updating it regularly is equally important to ensure that one’s assets are distributed as one...
Avoid these 4 estate planning myths
According to a recent Caring.com survey, nearly six out of every 10 Americans do not have an estate plan. That percentage is even worse for millennials, as only 20% of 18-to-34-year-olds has set up a will or living trust. Too many people consider themselves too young,...
How to avoid having your will deemed invalid in Alabama
Your last will and testament is the number one way that you can express your final wishes and make sure that your heirs receive what you want them to. You can also use a will to name someone as the guardian of your children and choose the executor of your estate. A...
Young parents: Don’t forget this important plan
Many young parents think about providing their children with the life they deserve. What they don’t plan for is something happening to them. If a child loses both parents, they can be placed into the foster care system and end up living a vastly different life than...
Make sure you have these important documents in your estate plan
Estate planning is important for all Birmingham, Alabama, residents. Many people believe that all they need is an up-to-date will. Unfortunately, this might not be enough to protect you and your property while helping your family cope with your death. Making a last...