Longtime couples that aren't married need to take into account different estate planning strategies than married couples.
When you pass without an estate plan, it can make the probate process more difficult. On top of that you won't be the one deciding who get what.
One of the most common statements I hear is "I only need a simple Will."
Here is why I don't do Simple Wills and why they are not your best option for an estate plan.
Sometimes the way that assets are left to people can cause unintended consequences.
There really aren't any disadvantages to putting assets into a Revocable Trust.