Estate planning isn’t only for the rich. Without a plan in place, there could be a long-lasting impact on your loved ones, even if you don’t have a pricey home, large IRA or valuable art to pass on. Are you still not convinced that estate planning is necessary?
So you’ve just been named an estate executor, given the difficult and delicate responsibility of balancing family needs with the most financially efficient options during an already emotionally charged time. Or perhaps you just lost a parent who has left you and your siblings with their home. Where do you start?