Many people equate estate planning with older people who have more assets and more to protect. However, that doesn’t mean younger people should ignore the benefits of estate planning. According to Caring.com, only 34% of adults ages 35 to 44 have a will and 18% of adults ages 18 to 34 have one.
Unlike personal property, real property—such as real estate or automobiles—is titled to convey ownership. This title must transfer when the asset is sold and must be cleared—or free of liens or encumbrances—for transfer to take place.
We may enjoy watching courtroom drama in movies, TV and on stage, but when it comes to our own lives, most people will do just about anything to avoid an estate battle. A “No Contest” provision is an attempt to preclude this and to give anyone who might be thinking about an estate battle a…
Losing a loved one is hard enough, but learning that you were not included in their estate plan may be devastating, especially when this comes