{"id":6800,"date":"2015-04-13T10:00:58","date_gmt":"2015-04-13T10:00:58","guid":{"rendered":"https:\/\/fiualumni.com\/?p=6800"},"modified":"2018-05-08T20:14:16","modified_gmt":"2018-05-08T20:14:16","slug":"death-and-taxes-planning-for-the-inevitable","status":"publish","type":"post","link":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/2015\/04\/13\/death-and-taxes-planning-for-the-inevitable\/","title":{"rendered":"Death and Taxes: Planning for the Inevitable"},"content":{"rendered":"<p>Now that tax season is officially over, it\u2019s time to turn our attention to planning for the only other certainty of life.<\/p>\n<p>More than 100M people already have a legal will. Another 120M do not. If you\u2019re in the group who has been putting this off for way too long, you may be surprised to learn that making a legal will is easier than you think.<\/p>\n<p><b>Why make a legal will<\/b><\/p>\n<ul>\n<li><b>Protect your family<\/b> &#8211; Name guardians so minor children always stay in good hands.<\/li>\n<\/ul>\n<ul>\n<li><b>Protect your property<\/b> &#8211; Make sure the things you\u2019ve worked hard for are passed to those you love.<\/li>\n<\/ul>\n<ul>\n<li><b>Leave a legacy<\/b> &#8211; Give back to the institutions that shaped your life. Like FIU!<\/li>\n<\/ul>\n<ul>\n<li><b>Save time and money<\/b> &#8211; Save your family headaches and legal fees by making your wishes known. Making a basic will online can be done in as little as 10 minutes.<\/li>\n<\/ul>\n<p><b>How to make a will<\/b>\u00a0<\/p>\n<ul>\n<li><b>Hire an attorney &#8211; Hiring an attorney allows you to get personalized legal advice from an expert. Rates vary widely, but expect to pay $500-$1,000 for this option.<\/b><\/li>\n<\/ul>\n<ul>\n<li><b>Use an online service &#8211; Online services are increasingly popular. More than 5M people choose this option. Like online tax planning, these services guide you through the process and generate a legally valid will. Costs are typically $50-70 and some, like <a href=\"http:\/\/www.bequest.co\" target=\"_blank\">Bequest<\/a> are completely free.<\/b><\/li>\n<\/ul>\n<ul>\n<li><b>Use both<\/b> &#8211; If you like the convenience of the web, but also want the added peace of mind of speaking with an attorney, a hybrid approach may be best for you. This option may even save you legal fees by reducing the amount of time your attorney spends drafting your documents.<\/li>\n<\/ul>\n<p>Regardless of which option you choose, don\u2019t put it off any longer. Make your will today. You\u2019ll be glad you did.<\/p>\n<p>&nbsp;<\/p>\n<p><i>About the author: Eliam Medina is an FIU alumnus and CEO of Bequest, an online service that makes it easy to create a legally valid will for free in about 10 minutes. Learn more at <\/i><a href=\"http:\/\/www.bequest.co\" target=\"_blank\"><i>www.bequest.co<\/i><\/a><i>.<\/i><\/p>\n<p><i>Bequest is a free service that makes it easy to create a legal will. We provide legal forms and legal information. We are not a law firm and are not a substitute for an attorney&#8217;s advice.<\/i><\/p>\n<p><i>\u00a0<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Now that tax season is officially over, it\u2019s time to turn our attention to planning for the only other certainty of life. More than 100M people already have a legal will. Another 120M do not. If you\u2019re in the group who has been putting this off for way too long, you may be surprised to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[375,129,131],"class_list":["post-6800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-community","tag-guest-post","tag-partners","tag-sponsors"],"_links":{"self":[{"href":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/wp-json\/wp\/v2\/posts\/6800"}],"collection":[{"href":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/wp-json\/wp\/v2\/comments?post=6800"}],"version-history":[{"count":1,"href":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/wp-json\/wp\/v2\/posts\/6800\/revisions"}],"predecessor-version":[{"id":15021,"href":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/wp-json\/wp\/v2\/posts\/6800\/revisions\/15021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/wp-json\/wp\/v2\/media\/6801"}],"wp:attachment":[{"href":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/wp-json\/wp\/v2\/media?parent=6800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/wp-json\/wp\/v2\/categories?post=6800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fiualumni.com\/stay-connected\/alumni-news\/newsroom\/index.php\/wp-json\/wp\/v2\/tags?post=6800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}