Kiplinger

You Have a Will - Is It Time for an Estate Plan?

Most people have a will. But a simple will often doesn't cover some complex issues facing your heirs, which is why I recommend an estate plan.

I work with doctors, accountants and other professionals, small-business owners and people getting ready to retire. They may have a will and a trust for their children, but an estate plan answers three fundamental questions:

  • What you want to happen after you pass away;
  • Why you want it to happen;
  • Who will ensure it happens.

Most people have legal documents that answer the first question; in

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger5 min read
4 Steps for Managing Income Withdrawals in Retirement
If you’re like most Americans nearing retirement, you’re worried about whether you have enough savings. In fact, only 22% of those approaching retirement believe they’ve saved enough to retire comfortably. At a time when the stock market is down, inf
Kiplinger5 min readRobotics
Retirees: Your Next Companion May Be a Robot
Elliq, a foot-hight robot that looks like an oval lampshade on a small base, greets Monica Perez first thing in the morning, asks her how she feels, and reminds her about taking medications and any upcoming appointments.  “I have good-quality friends
Kiplinger4 min readAmerican Government
Where the Midterm Election Races Stand Today
With the congressional midterm elections only weeks away, here’s how we think things will shake out. In early spring, Republicans appeared well on their way to steamroll through the midterms and win back control of the House and Senate. Democrats wer

Related Books & Audiobooks