The hardest part in creating your estate plan is seeing the attorney to make sure it is done right. I want to give the proper kudos to all those I’ve met, those who’ve been diligent in creating a plan and memorializing their final wishes. Yet many have not listened to my recommended “follow-up” … [Read more...]
Considerations in Planning for a Special Needs Beneficiary: Part I
I met with a prospect the other day, a married couple with 3 adult children. It was a pretty typical meeting until I reviewed their existing distributions: when the second of them passed, there estate was to be left 50-50 to only two of their three kids. I asked why they are disinheriting their … [Read more...]
Estate Planning: You can Leave More than just Money
How do I leave more than just money to my children or grandchildren? This is a question that comes up more often than you think. Each generation views the world in their own unique way; and my clients are realizing that they can do more than just leave them money. I recently had a couple express … [Read more...]
Death & Taxes: Plan for Both
Most folks don’t look forward to planning for two of life’s guarantees: death and taxes. However mundane or morbid you view this task, there is planning to be done no matter what your station in life. When properly planned the harshness of both death and taxes can be mitigated. Through my … [Read more...]
Why You Need a Living Trust
This is the second piece of a four-part series on why you need a living trust. As mentioned in my previous blog, I recently read an article from a well-known business publication that provided four reasons why you don’t need a living trust. The second reason provided by the publication is: ~ … [Read more...]
Life Happens… Is your plan up to date?
We have reviewed thousands of wills and trusts. Often we find when someone creates a Last Will or Living Trust they put it in a file or on a shelf and forget about it. Dust collects and life continues. But what impacts has life’s movements had on your estate plan? What about the individuals that … [Read more...]
