These vacation homes may also comprise a significant portion of the family’s wealth. Therefore, it’s understandable that homeowners want to pass their properties and family traditions to future generations.
Given their salaries and the chances of getting sued, physicians should strongly consider estate planning early in their careers.
Non-probate assets are those assets which do not go into an estate when the owner dies.
If you’ve ever spent time working through your estate plan, you know how important it is to select and update your beneficiaries.
Would your loved ones have necessary access to your bank accounts after you die to help carry out your last wishes and handle arrangements?