I can't overstate the importance of updating your will during divorce. Since divorce can take years to process, your life feels like it's in a constant state of transition. Untying knots requires tying up loose ends. One of those is your will.
He died in Hollywood on December 21, 1940, eating a chocolate bar and making notes in pencil on a football story in the Princeton Alumni Weekly. The last words F. Scott Fitzgerald ever wrote complimented the author of the story: "Good prose."
One of the bigger mysteries, to many people, is why it seems that the process of offering a will to a judge for approval, called probate, can sometimes become highly complex -- and by "complex", I mean lengthy and expensive.
What will happen to your small business after you pass away? While death may not be the first thing that comes to mind when planning for your business this year, the answer to this question is more important than many realize.
I recently went through the heavy and mournful experience of making end-of-life decisions for a close family friend. It really drove home the importance of planning ahead and crafting a Will and Health Care Proxy to help your loved ones through tragedy, and even death.
My family had given me so much, and I didn't want to leave them without giving them something in return. But the only thing of real value I could give away were the emotions I felt for the people who would read my letter after I was gone. I would leave them with a message of undying love.
My pastor recently suggested that I get informed on my elderly parents' financial situation and end-of-life plans so I can be better prepared when something happens to them. What's the best way to handle this and what all do I need to find out?
If you don't have a will, you're not alone. Nobody likes to think of all the negative scenarios that could interrupt or significantly change our lives, but we have to -- especially if you have children.
Parents would rather talk about pretty much any other part of their personal life than leaving behind their children. But when they finally do start talking, almost everyone has the same misconceptions.
Lately I've found I'm preoccupied by death. Not in it coming suddenly, but in the more somber realization that eventually it will all end. I guess I've been thinking it could be sooner more than later.