Many accidents involving personal injuries are caused by driver's that are uninsured or underinsured. In those cases your policy may afford protection for your losses. A discussion about these issues can be found in the blog post, Don't Try To Save Money By Having The Minimum Allowed Limits Of Coverage For Your Auto Insurance.
Besides being a condition required by almost all conventional lenders for mortgage loans in the purchase of a new home or the refinance of an existing home, title insurance offers valuable protection for your interest in real property. For a detailed discussion of the benefits of title insurance, please see our blog post, Title Insurance: What Is It And Why Do I Need It?
Living Trusts are often marketed as a way to avoid probate. While it is true that assets held in a Living Trust at the time of death will avoid probate, there are other ways to avoid probate that may be more cost effective. For a detailed discussion of Living Trusts and other ways to avoid probate, please see our blog post, Living Trusts: Do I Need One?
Many assets pass outside of probate by beneficiary designation. These include life insurance, annuities, IRAs, 401(k)s and other retirement accounts. It is important to coordinate the beneficiary designations on these assets with your overall estate plan. For a detailed discussion of beneficiary designations, please see our blog post, The Importance Of Selecting The Correct Beneficiary In Estate Planning.
