The difficult economy of the past year, as well as global health concerns, have contributed to a sense of uncertainty for the future that may be driving more people, especially young adults, to create an estate plan. For those across America and in Alabama whose lives have been changed by friends or loved ones falling…

Many Alabama residents avoid the estate planning process because they might think that there are simply too many options to contemplate, therefore making the process overly complicated. However, that isn’t true in most cases. For most of our readers, some of the basic estate planning documents will likely be enough to fit their needs. So,…

When a person reaches an advanced age, there are several decisions related to health care and finances for which they need to reply on others. To make sure that all those decisions that are made by other people are in the best interests of the person concerned, people often prefer to have someone they trust…

The components of a valid will, and knowledge of them, are important. Estate planners should be familiar with these requirements so they can rest confident that they have a valid will to distribute their property and assets and carry out their wishes when the time comes. ELEMENTS OF A VALID WILL There are several requirements that wills…

As this blog recently pointed out, estate planning is important for everyone. It is also important to regularly update an estate plan and be familiar with certain circumstances that should occasion updating an estate plan. Though estate planners should make a practice of regularly reviewing their estate plan, there are certain circumstances when estate planners should…

According to a 2020 estate planning survey, only 32% of 2400 people actually have a will. Of those who do not, around 30% claim it is because they do not have enough assets. This is a common misconception when it comes to estate planning—only the wealthy need an estate plan. However, without one, the estate, no…