If you're like most Americans, you either don't have a will or it is out of date and needs to be updated. The good news is that writing a will doesn't have to be a source of guilt or torment.
Read MoreWhen you think about New Year's Resolution, does estate planning come to mind? Probably not. However, the start of a New Year is a great time to establish an estate plan. A properly drafted estate plan can provide your loved ones with peace of mind in every situation, from what to do if you're incapacitated and unable to make your own decisions to how your assets should be distributed once you have passed away. There are two estate planning resolutions you can put in place and achieve before the end of this month: putting estate planning documents into place and putting your financial matters in order.
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