When you make your estate plan, you need to consider the best way to get assets to your loved ones. You have three primary options. Some assets have a designation known as "payable on death."` This enables you to decide now who they will go to when you pass away. These accounts, which include bank and investment accounts, can't be included in other estate plan documents, such as the will or trusts.
Double check your estate plan documents periodically
Tips for telling your children about the end of your marriage
Going through a divorce when you have children with your soon-to-be ex is a challenging situation for everyone involved. One thing that you have to remember is that your children need to be a priority in the situation. They are going to have questions, and you are going to want them to make some pretty big changes. You can't think that they are going to handle things in the same way that you would, so be prepared to try to find ways that you can help them.
