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Many estate disputes happen simply because parents do not plan ahead and siblings do not know what their parents wanted. They're left to figure it out on their own. Naturally, they're going to disagree on some fairly big decisions -- maybe one wants to keep the family cabin, for instance, while another wants to sell.

It's great being young, although it is perhaps older people who appreciate youth the most. Young people often put off thoughts of retirement planning or estate planning because they're busy enjoying life or building a career and a family.

Estate planning involves a lot of different steps, such as listing your assets, deciding if you want to use trusts, writing a will, creating a medical directive, using powers of attorney and much more.

Estate planning means planning for the future, and you need to go beyond simply writing a will. One of the documents you may want to consider is a medical power of attorney.

Losing a parent is a very difficult thing to go through. Knowing that you only have their memory left, you will want to make sure that their memory is preserved, and you may have expectations about what you will be able to do in the future to make this possible.

If you are starting the new year with ambitions to start your own business, you should make sure that you combine your vision for the future with actions in the present. You probably already have a good idea of your business idea and how you would like it to grow in the next few years.

When siblings do not get as much money in their parents' estate plan as they wanted, they sometimes get caught up in estate disputes. The bequests may be inequal, for instance, leaving one child more than the other.

Many Dayton residents believe that they don't need to do any estate planning. After all, they may reason, they are young, unencumbered and living paycheck to paycheck.

If a person you love has recently died, it is likely to be a stressful and sad time for you. Unfortunately, in addition to grieving your loss, you will also have to deal with the administrative aspects of dealing with their estate.

When starting to plan your estate, you will likely be interested in planning strategies that will benefit you from a tax perspective. In addition, you may be reflecting on things you can do to make a positive impact on the world and benefit causes that you care deeply about.