Archive for May 30th, 2007

A Free Living Will is a will that you have drawn up on your own and had your family members and loved ones sign. Be wary, not everyone can draw up a will properly and if you decide to draw up a free one, you should know the risk involved.

A Free Living Will can be tested just as a regular Living Will can be. If you choose something in the will that someone else doesnt agree with and they have legal claims that are admissible in court, then it can be brought before a judge and even ove (more…)

A Joint Tenancy is where you and another person co-own or cohabitate the same property. Joint Tenancy also refers to where a married couple owns a home or property together. You might also want to know that a Joint Tenancy can have more than two people who own the property. The only stipulation to this is that no matter how many people own the property, they all own equal parts. To keep this legal and fair, all owners must share all responsibilities and time in the property. Also, if one (more…)

Seniors worry about aging and illness as well as who will take care of their family when they are gone. Because of this estate planning is so important. With estate planning seniors can make a plan while they are still healthy as to how their estates will be handled upon their death and they will have the reassurance knowing their families are taken care of. There are several things seniors need to do, but the first and most important is to create a financial plan.

In order to create a (more…)