Marriage introduces changes in a new couple’s financial situation that affect all aspects of their life together. After the honeymoon is over, it's critical to have an honest meeting about your family vision of your financial goals. The sooner you have your priorities and financial communication in check-the sooner the partying can start again.
A living will is a written, legal document that spells out medical treatments you would and would not want to be used to keep you alive, as well as your preferences for other medical decisions, such as pain management or organ donation. In determining your wishes, think about your values.
A revocable trust is a trust whereby provisions can be altered or canceled dependent on the grantor.
An irrevocable trust is a type of trust where it cannot be modified, amended or terminated without the permission of the grantor's named beneficiare(s)