Estate planning is a critical part of financial planning. While many folks focus on retirement planning, it is equally important to spend time thinking about what happens to your assets when you no longer need them.
Today Doug shatters the taboo of talking about estate planning and details what you need to do in planning your estate. What documents do you need, and with which professionals should you consult?
Family politics and the fear of losing your loved ones can make estate planning discussions difficult. Jack Tatar, author of "Having the Talk: The Four Keys to Your Parents' Safe Retirement", and "What's the Deal with The Talk Between Adult Children and Their Parents?" discusses how to avoid future disputes over wills and inheritances.
Learn when is the best time to have the talk and get tips on how to raise these sensitive estate planning topics.