Estate Planning With Nirva

Estate Planning

what-is-Portability-in-estate-planning

What Is Portability In Estate Planning, And What Are Its Impacts?

To know the role of Portability in Estate Planning, you need to know the meaning of “estate” and “portability” individually. The term Estate has nothing to do about the size of your house. It is actually a term for someone’s assets, including their home(s), investment accounts, cars, bank accounts, etc. As per the article “Federal …

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What Is The Purpose Of Estate Planning And Its Importance?

You can’t avoid estate planning, as it helps secure your family’s future. If you are someone who thinks estate planning is limited to managing your finances, you are making a big mistake. It has numerous things, from managing your assets to securing your children’s future in your absence, and the list continues. Many individuals understand …

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Estate-Planning

Why Estate Planning Is Important, And Who Needs An Estate Plan?

When someone hears about estate planning, they instinctively think it only matters for those who possess big properties, cars, boats, jewelry, and all that expensive stuff. However, with time, the meaning of estate planning has completely changed. It may have been like this before, but now every individual can take these services regardless of what …

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Will-vs-Estate-Planning

Will Vs. Estate Planning: What Is The Difference Between Both?

Many people don’t know the difference between a will and estate planning. And some even use the terms interchangeably. Both legal documents are made to divide the estate between the family members. But it is important to understand that both documents play a very different role in deciding your family’s future.  Simply put, an estate …

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