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Estate planning is not what is talked about much as no one wants to imagine about their death but as we know, it is a
We spend most of our life in accumulating wealth and assets, taking care of our loved ones, fulfilling their wishes, and securing their future, however, in between all these we forget ourselves completely. At a certain point of time, we all need someone to take care of us it may be due to severe illness, an accident or after a certain age when we will not be able to do that for ourselves. Estate Planning- Hence, apart from thinking about our loved ones and our estate, we must think about ourselves like what will happen if we ever become disabling to take care of our health and in such a situation who will be responsible for our financial and healthcare
Today many couples in the U.S. are childless either by choice or circumstances. If you are one such couple, then you will think that you don’t need any estate planning as the assets will automatically be transferred to the spouse, however, you are totally wrong in this. Everyone needs to be assured about the fate of their assets and their loved ones. It is possible that the predominance of your financial legacy will be different from those who are parents. As a childless couple, you want to be assured that your spouse is taken care of, a pet is having a guardian, your likable charities are being supported and your wishes are being respected and fulfilled. Also, you may also
Do you have a young child who sucks their thumb of finger? This is one of the most common questions we address at Eco Pediatrics. It is a perfectly natural reflex in very young children and can help make them feel safe and comfortable. Whenever a child feels stressed or experiences any negative emotions, then they may turn to this unhealthy dental habit to soothe and comfort themselves. So when does it become a problem? When is it Time to Stop Thumb Sucking? Most children will naturally grow out of this habit between the ages of two and four. By this stage they begin to develop other methods of coping with any stress, including the ability to speak. However for
Everyone leaves behind an estate. Everything you own, movable and immovable possessions form a part of your estate. Your children will be grateful that you did your estate planning well beforehand and left them with clear instructions about your wishes. It not only reduces the legal hassles but also helps your heirs avoid conflict and reduce costs of inheritance. What Exactly Is Estate Planning? Man is mortal, and there will be a day when he leaves back his mortal possessions. To smoothen the process, you can plan in advance and name the people who you want to leave your things to after you die. The need of the hour is to plan the process well. This is important so that
During a down economy, estate planning becomes the lowest priority as their net worth either stagnates or starts decreasing and people start looking for the options with which they can save maximum. However, they are unaware of the fact that some estate planning techniques work specifically during a recession and low-interest period. Expending money on such techniques can prove out to be an excellent option to dispense the asset from your estate while saving the taxes imposed on them. The economic recession can provide you with some opportunities if you approach estate planning with a long term perspective. Estate Planning In the Down Economy- There are many estate planning techniques that you can utilize to make the down economy advantageous