Estate Planning Archives - The Money Sprout

What Information Do You Need to Fill Out a Death Certificate?

Dealing with the death of a loved one is never a fun thing. And even worse is when you unexpectedly have to plan for that person’s funeral and manage their estate. A few weeks ago, my wife and I lost one of our parents. It was actually a little over 2 years ago that we […]

Emergency Savings Fund to Pay Off Our Parents Estate

Emergency Savings Fund – Help Pay for a Parents Estate

Over the past few weeks, my wife and I have been going through the fun of managing the estate of one of our deceased parents. This parent was widowed over two years ago, so when they recently passed away, we became the executor of their estate. When I say “we”, I really mean that one […]

Items to Include in Your Estate Planning

5 Critical Items You Need to Include in Your Estate Plan

Over the past several weeks, my wife and I have been starting to take over the finances of one of our parents. This parent has been widowed now for about 2 years … and has basically destroyed any type of financial estate planning that had been done by the couple in the past. Just in […]

Have Your Parents Picked Their Power of Attorney?

Why Picking the Right Power of Attorney is Important

My wife and I have been thinking a lot lately about what would happen to our kids and assets if we were to die in the next decade. We want to make sure our kids are taken care of (especially as minors), if my wife and I both were to pass away unexpectedly. Developing a […]

How to Make Your Estate Planning Checklist

What Happens to Our Money and Kids When We Die?

For many years my wife and I have been avoiding this question – What will happen to our money and our kids when we die? Even worse than worrying about our estate (our money) is what would happen to our children if we were both to die at the same time? This uncertainty around the […]