Often, family, friends, and co-workers will say that they did not consider creating an Estate Plan until they had children, and that the focus of their Estate Planning is to protect their children in the event that they themselves unexpectedly pass away.
A 2018 study by the Charles Schwab Corp. reported that 53% of Americans believe they will receive an inheritance.
When it comes to estate planning, we often can learn from the tales of celebrities. The case of Tom Petty is one of those that should have New Yorkers - particular those with blended families - taking note.
Losing a loved one can be one of the most difficult things that you will ever have to go through. If you have lost a parent, it is likely that you are united with your siblings in your grief.