If you are like most people, you hear the phrase "estate planning" and think that that is only something that old people need to worry about. This is a terrible misconception. The truth of the matter is, it is important for all adults - young or old, married or unmarried, children or no children - to have at least a basic estate plan.

Living trusts are one of the most utilized estate planning tools; however, they are one of the most commonly misunderstood documents.

There are certain life events that warrant having your estate plan reviewed and updated, if necessary.  

A common question I hear from my clients is: “where should I keep my estate planning documents?” Often, the first thought people a have is to put important documents in safe deposit box. Makes sense, right? Wrong!

With so much of our lives taking place in the cloud, it is important to think about protecting our digital assets post-mortem. A few online services have a policy regarding what happens to your account, or allow you to select what happens.

A living will is an important component to a well-drafted estate plan. This document allows you have some control over medical treatment in the event you lose your decision-making authority.

Just as it is important to regularly review the remainder of your estate plan, you should regularly review your life insurance plan(s) to ensure that your named beneficiaries are still appropriate for your current situation.