You have to be discerning about the sources of information that you trust when it comes to estate planning. People that do not mean any harm sometimes pass along ideas that are not entirely true, and this can lead to mistakes that can have a negative impact. With this in mind, we are going to … [Read more...] about Misconceptions in Estate Planning: Costly Errors
Millennials Should Have Estate Plans in Place
People always plan ahead for events that are definitely going to happen in the future. This would apply to tax day, an important test, and many other scenarios. Curiously, many of the same individuals are completely unprepared from an estate planning perspective. Caring.com has taken interest in … [Read more...] about Millennials Should Have Estate Plans in Place
When Would a Trust Be Preferable to a Will?
Many people assume that a will is the right asset transfer device to use unless you have a very complicated situation. In reality, this is a misconception, because there are many different straightforward objectives that can be satisfied through the utilization of a trust of some kind. Spendthrift … [Read more...] about When Would a Trust Be Preferable to a Will?
Tax Proposals Could Alter Estate Planning Landscape
Senators Sanders and Whitehouse have introduced legislation in the Senate which would significantly alter the Estate Planning landscape. It would dramatically change the tools we use to plan for our clients. Time is of the essence. Read on to learn more. … [Read more...] about Tax Proposals Could Alter Estate Planning Landscape
Inheritance Planning for People With Disabilities
Many people look at estate planning as a one-sided affair that revolves around the decisions that are made by the person leaving the inheritances. In fact, this is half of the equation, because you should also consider the recipients when you are developing your plan. There are different asset … [Read more...] about Inheritance Planning for People With Disabilities
Review Your Estate Plan in 2021
Most people know that estate planning is important, but in spite of this, the vast majority of American adults do not have estate plans in place. Since there is so much procrastination, when they finally do take action, they put the documents away and consider it a closed matter. In reality, … [Read more...] about Review Your Estate Plan in 2021
