Do You Own Rental Property? How Proactive, Comprehensive Estate Planning Can Help

A comprehensive estate plan should address all of your assets.  For most people, an estate plan must include three common categories: (1) your home; (2) financial accounts, like your checking and savings account; and (3) personal property.  Other types of assets – such as life insurance, retirement funds, and annuities – should also be considered as part of your estate plan. If you own rental property, however, your estate plan will be more complicated because there are some unique considerations. Rental Property & Estate Plans It is no surprise that one of the risks of being a landlord of commercial [...]