This week’s Word to the Wise is: Digital Assets: Computer files and accounts, such as online accounts (including social media), patents, and computer records.   Why do digital assets matter in estate planning? When someone dies, the only way their digital assets can be accessed is if they have shared logins and passwords and other details with someone else. Sometimes these can be quite valuable.   Without that information, and without the designation of a

This week’s Word to the Wise for estate planning is: Debt: An amount of money owed to another person or party.   Why does debt matter in estate planning?   After you die, the assets of your estate must be used to resolve all unpaid debts you owed, including credit card balances and loans.   It’s critically important to know everything you owe and how your assets will—or won’t—cover those amounts, and it’s equally important

How LegacyWise’s estate-planning process gets your documents ready virtually. Estate planning involves making important decisions about your children and your assets. It’s a very personal experience, and one that benefits from step-by-step directions and insights. LegacyWise is designed to guide and ensure that you make all these decisions—and complete the documents reflecting those decisions—in a fraction of the time and cost that traditional legal services typically take. To help with this process LegacyWise’s uses plain

Choosing Between a Will and a Trust: What You Need to Know When it comes to estate planning, a common question our workshop participants pose is whether they need a will or a trust. Both documents serve to outline your wishes for the distribution of your assets and the care of your children, but they operate in different ways and offer distinct advantages. LegacyWise helps you understand these differences as you create your own estate

LegacyWise: Making Estate Planning Accessible to All LegacyWise offers a unique service that aims to provide estate planning solutions to those who have not traditionally had access to legal services. Here are some facts about LegacyWise: LegacyWise was founded to serve the large percentage of Americans who do not have an estate plan, as well as those who struggle with traditional legal services. The primary goal of LegacyWise is to serve those who do not