When many Myrtle Beach area parents hear the words, estate planning, they may think that it is for older people. However, estate planning is for everyone, including new parents.
New parents need to consider estate planning
Including digital currency in an estate plan
Estate planning is no longer just about wills and trusts. It continues to evolve with the newest way people live in Myrtle Beach and across the U.S. There are always new technologies and advances that require an estate plan to protect. Digital currency is something that didn't exist ten years ago but has now ballooned into a legitimate asset.
3 times in your life when you should update your estate plan
As you get older, you start to prioritize what’s important to you. You want to make sure your assets will be distributed to the people you care about when you’re gone. Updating your estate plan is a smart move if something significant in your life changes.
Why would you want a revocable trust in your estate plan?
Many Myrtle Beach area residents have taken the time to think about creating an estate plan. There are many different aspects of an estate plan that can be beneficial for a family no matter what their financial situation. One estate planning tool that a family may want to look into is a revocable trust.
