When you’re getting on in years, one fact should reverberate through your mind as you get older: you can’t take it with you. Basically, when you die your estate remains here on Earth, and you better make sure that your loved ones are provided for properly. You need to plan about leaving what things you own to whom when you die, and that’s the essence of estate planning.
We’ll get more into the specifics like getting your home inspected for appraisals and such later. Those things shouldn’t be overlooked. We got our Oahu home inspection done and the values was way more than we expected so we did our estate planning accordingly.
The Basics of Estate Planning
The essence of estate planning is all about the transfer your wealth according to your wishes when you die. In some cases, contingency plans are also drawn up if you become mentally or physically incapacitated. Read More