5 Takeaways That I Learned About

Guidelines In DIY Estate Planning
Most people can create estate planning on their own as long as they have reliable and clear instructions to follow in doing the proper estate planning. Making an estate plan especially when you have no clue what you are doing can be very hard, that where The Hive Law comes in, they have clear instructions on how to make the best estate plan at the comfort of your couch at no extra cost. The Hive Law offers tips on making the best estate plan and also guides you where you get stuck.No one knows the future; therefore, when making an estate plan, it is always a good thing to make your will before anything else because anything may happen; making a will saves your family from the hustle of having to visit the courthouse so that your property may be shared. Having a living trust for your estate is the next step you have to do to save your loved ones from going through the probate law which is a long and expensive process. If there comes a time in your life you cannot make important decisions about your health, having a living will and a power of attorney will make sure whatever you want to be done will be done. Life insurance covers all your debts in-case you do pass before paying them off hence making it important to include life insurance in your estate plan. Naming a beneficiary for your bank account and retirement fund is a step you don’t want to skip when making your estate plans you find the process hard, you can always communicate with The Hive Law, and they will help you out. There are laws around spouses, and whether or not they should pay taxes when it comes to owning the estate together, to understand every law on taxes you should speak to The Hive Law, they help you in making a better estate plan that covers all grounds. Finding someone who can keep your business going is a form of protecting your business when you are no more, to get help in deciding whom to leave your business to you can always visit The Hive Law from the comfort of your home. Documents such as the will, trusts, insurance policies, certificates on stock and information on bank accounts should be kept safely in a place they cannot be destroyed or even stolen, this makes sure that your estate plan is good to go in case you are there no more.