There are critical issues that everyday people can manage for themselves. Crafting a comprehensive estate plan and managing it when significant life changes occur is usually not one of them. It’s not uncommon for savvy professionals to believe that simple mandates such as “I want everything to go to my children,” won’t require an experienced...
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Estate planning is not one of American’s top priorities. According to a 2016 CNBC poll, 64% of Americans have not had a will prepared. Half of those surveyed either feel they do not need a will or they just have not found the time to make one. You may be asking yourself, “Who needs estate planning?...
Estate planning…something we should all do, but most of us put it off. Do you think about your estate planning options? 60% of Americans have not gotten around to planning for the end of life. Though, the good news is that 81% of older folks, age 72 and up, have their estate planning documents in order. ...
A valid will is not enough to ensure the security and timely distribution of your assets in accordance with your wishes when you die. You should consider establishing a living trust in addition to your will. The larger the value of your estate, the greater the need to create a living trust and ensure the...
Thinking about passing on your estate to your children or grandchildren? You best cross your “t”s and dot your “i”s. If you are thinking about passing on your estate, you have probably heard rumors about taxes. But what do they mean for you and your family? Here, we will dive into 5 fascinating facts about estate...
When is the last time you stayed in a castle? That is the first thing you picture when someone starts talking about their estate, right? It would be nice if we all had several million dollars and a boat to leave for each of our kids. But you do not need to be on a first-name...
Nobody enjoys thinking about their mortality, and sorting through legal documents is not what most people would call a good time. This hesitation makes sorting through legal documents about your eventual death seem dangerously stressful and, perhaps, dull. That is probably why half of us do not have a will of any kind. Relax. We have got some tips...
Having a family is one of life’s greatest joys. There is so much to look forward to — graduation, marriage, grandkids. Of course, these things require a lot of financial planning like 529 savings plans for college, or trust funds. One thing we hate to think about, however, is how to plan for our loved ones’ financial well-being...