Parents choose to leave an inheritance to their children for a number of reasons. They may want to make certain that their children are cared for if they are no longer present to support them, or they may wish to provide a solid financial foundation on which their children can build a bright future. Unfortunately, …
Choosing the Right Age for Children to Receive Their Inheritance Read More »
Creating an estate plan can be an invaluable gift for your family as it can provide them with peace of mind during a very difficult time. Additionally, creating an estate plan offers you the opportunity to have meaningful conversations around your intentions, demonstrating to your loved ones how much you respect and appreciate them. These …
How to Talk to Your Family About Your Estate Plan Read More »
What you don’t know can hurt you or rather, hurt your children. Many of my clients have children that recently graduated from high school and are now getting ready to send their children off to college.There are some things that you need to know once your child reaches the age of 18 that may not …
The microchip has enabled us to make just about anything on our own. But we should be wary of the consequences. There are many quips along the line as cheap can be expensive, you get what you pay for, etc. And when it comes to estate planning, the costs can be significant. Many people …
Have your estate planning done. Set the end of the year as your deadline to finally get this completed. Figure out why you have been procrastinating and conquer your fears. If it’s because you don’t have an attorney, ask friends and acquaintances for referrals. If it’s because you aren’t sure who you want to be …
Important Things to Make Sure You Start (or get done!) during Covid Read More »
There are a couple of major factors that effect the likelihood of estate disputes that you might not have a lot of control over. First, the odds of a dispute will be much higher if your beneficiaries simply do not get along with each other. If beneficiaries want to fight badly enough, they can usually …
10 Beneficiary Designation Tips Beneficiary designations can provide a relatively easy way to transfer an account or insurance benefit upon your death. We often complete these designations without giving it much thought, but they’re actually important and deserve careful attention. However, if you’re not careful, missing or outdated beneficiary designations can easily cause your estate plan …
Welcome to my Blog! I hope for the following entries to be informative on a wide array of financial and estate planning issues. Nothing here will be particularly innovative in the form of substance and content. And most of it is heavily borrowed from other websites which I will liberally link to throughout this project. …