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Estate Planning

Preparing for the Unexpected…and the Eventual

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The world is an unusual place. Things you’d never expect to happen sometimes actually do happen. There are natural disasters and unusual phenomenon. It’s important to prepare, not just for the unexpected but the eventual, as well. Read on to learn more. … [Read more...] about Preparing for the Unexpected…and the Eventual

Generational Wealth is Key to Leveling the Playing Field

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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 themselves. Read on to learn more. … [Read more...] about Generational Wealth is Key to Leveling the Playing Field

The Basics: Powers of Attorney for Healthcare

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Powers of Attorney are part of even the simplest estate plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care. This article concerns the Healthcare Powers of Attorney and Advance Directives. Read on to learn more … [Read more...] about The Basics: Powers of Attorney for Healthcare

How Do 529 College Savings Plans Work?

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Money comes and goes, but your education becomes part of the fabric of who you are in many different ways. When you are planning your estate, you may want to consider giving the gift of education to younger family members that have not made their marks in the world. If this sounds appealing, you can to contribute into a 529 college savings plan to provide these opportunities. Tax Advantages The framework for the 529 savings plan is similar to the arrangement for Roth individual retirement … [Read more...] about How Do 529 College Savings Plans Work?

Legacy Planning Is an Expression of Gratitude

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Thanksgiving symbolizes the feeling of gratitude, and aside from the traditional get-togethers, people use the occasion to show that they are grateful in various different ways. Gift giving is a profound expression of gratitude, and if you are going through life without an estate plan, you may want to use the holiday as motivation. Passing Along Your Legacy When you initiate the estate planning process, you should create an inheritance list and think about the best way to provide for each … [Read more...] about Legacy Planning Is an Expression of Gratitude

Will Your Estate Plan Still Work If You Move?

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Before the pandemic, Americans were more mobile than ever. When you move, you have to change your address, your voter registration, and all sorts of other things. But, do you need to revise your estate planning documents? Like with many things in law, it depends on your situation. Read on to learn more. … [Read more...] about Will Your Estate Plan Still Work If You Move?

Building Flexibility into Your Plan

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There are all sorts of formalities to an estate plan. Does that mean you can’t change anything by yourself? Read on to learn how your estate plan, if done properly, can give you the flexibility to make changes by yourself as to certain assets. Read on to learn more. … [Read more...] about Building Flexibility into Your Plan