Family disputes over personal belongings don’t have to happen. We share two expert’s opinions about how to prevent sticky situations arising around who gets what personal items.
Tag Archives | Inheritance
Wills and revocable living trusts are both common terms in estate planning. Both apply to distributing assets, but the two documents, although they are sometimes related, serve very different purposes.
When it comes to estate planning, families often focus on financial assets. But it’s often personal possessions — items with more sentimental value, perhaps, than monetary — that are the most difficult to talk about. This painful process of deciding who gets what after someone dies can be made easier through planning ahead.