As life is unpredictable, it is better to start planning sooner rather than later. In fact, upon attaining the legal age of majority in your state of residence (typically at age 18), you should begin considering some form of an estate plan. Read more
You cannot name a legal minor as a beneficiary. This applies to almost all legal documents, most notably wills and life insurance policies. Read more
The main reason to plan your estate is to make sure that your wishes are followed after you are gone. Read more
There are many different configurations of blended families. However, they are generally made up of married couples who have children from previous marriages or relationships. Read more
It is essential that women do not surrender the responsibility of managing their financial affairs and devising their estate plan to their family … but take complete charge of this important duty. Read more
It is a common misconception that only the ‘uber rich’ need an estate plan, when in actuality, everyone should have a plan. Read more
Your children are your pride and joy. It is no surprise that at some point or another, every parent likely becomes concerned about who will care for a minor child or children if one or both parents die or are incapacitated. From a financial perspective, many parents turn to life …
Protecting your family is important, especially when you have minor children, and even more so now that we are learning to live with COVID. With all of the unknowns of our current situation, you need some certainty. Having an up-to-date estate plan can be the first step toward providing that …
About 40 to 50 percent of all marriages in the United States end in divorce. Regardless of how you feel about your child’s spouse Read more
Most parents want to make sure their children are provided for in the event something happens to them while the children are still minors. Grandparents, aunts, uncles, and good friends sometimes want to leave gifts and assets to beloved young children too. Unfortunately, good intentions and poor planning often have …
