A common way to avoid the time commitment in estate planning is to leave everything to direct beneficiaries or make someone a co-owner of all of your assets. This article looks at just one scenario where this will not work.
Estate planning helps protect even your youngest children by removing the guesswork of what will happen if you pass away while they're still young.
You create an estate plan to prevent court litigation. But having a poorly drafted plan can create many more headaches and heartaches for your family.