#TipTuesday

Does having a Will avoid probate? Nope.

Keep reading for more info on why.

QUESTION: When should I rewrite my will?

ANSWER: It depends on what has changed in your life since it was first written. Keep reading to find out some of the most common times when revision is either a good idea or even necessary.

The Executor (or Executrix or Personal Representative) is the person (or people) you name in your Will who will be responsible for carrying out the terms of the document after you die. The exact duties vary from state to state, and can even vary within a state based on the specifications of different Wills.

Starting a conversation with your loved ones (whether it be your parents, your partner, your siblings, your children, or others) about estate planning can feel overwhelming for many reasons. Here are five tips to help you begin.

I regularly hear, "it's too complicated," as one of the main reasons people haven't written a will. For people with blended families, complicated finances, numerous lengthy and specific property distribution bequests, and/or vast amounts of wealth - yes, it can be complicated.