When you’re deciding how your assets should be divided at death, sometimes dividing them equally is the appropriate choice. But, sometimes it’s not. Fair isn’t always equal or vice versa. Read on to learn more, including how to avoid a challenge if you choose an unequal division among your children. … [Read more...] about Fair Isn’t Always Equal and Vice Versa
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Inheritance Planning Missteps Can Be Costly
Estate planning attorney sometimes speak with people that are looking for damage control solutions because deceased family members made mistakes. These situations are frustrating, because the negative circumstances could have been easily avoided. With this in mind, we are going to look at a … [Read more...] about Inheritance Planning Missteps Can Be Costly
Staying Current is Especially Important in the Pandemic
A Health Care Power of Attorney appoints someone to make decisions for you if you’re not able to do so for yourself. An Advance Directive expresses your wishes regarding end-of-life decisions. During the COVID-19 pandemic, it’s important to have them up-to-date. Read on to learn more. … [Read more...] about Staying Current is Especially Important in the Pandemic
A Step-by-Step Approach to Estate Planning
Caring.com has been conducting research to get a feel for the estate planning preparedness of American adults each of the last few years. Their findings are surprising, and not in a good way. You would expect younger adults to be unprepared, and the statistics confirm this assumption. Just over … [Read more...] about A Step-by-Step Approach to Estate Planning
Generational Wealth: Leveling the Playing Field
Generational wealth is wealth earned by one generation and passed on to the next. Generational wealth is key to allowing the next generation to be free from the burden of having to live hand-to-mouth and allows them to pursue an education and build a career or business to build a better life for … [Read more...] about Generational Wealth: Leveling the Playing Field
Three Reasons to Use a Revocable Living Trust
There are many commonly held misconceptions when it comes to estate planning. One of them is the notion that a last will is the right asset transfer vehicle for everyone that is not very wealthy. While it is true that high net worth individuals use certain types of trusts to gain estate tax … [Read more...] about Three Reasons to Use a Revocable Living Trust
