There are many myths and misconceptions about estate planning. Some of these lead to estate planning mistakes. Being able to protect your assets and the future of your family is something that should be taken very seriously. Mistakes are not really something that can...
Month: April 2016
What rights do you have as a beneficiary or heir?
When a loved one dies, there will be a lot of questions about what his or her estate says, and what legal processes will be in place to transfer his or her assets and properties to their heirs and beneficiaries. We focus a lot of our attention on the person who makes...
Appointing a guardian: what you need to consider
Many people may not even think about the topic of appointing a guardian when they get older. But actually, this is a critical part of an estate plan, especially for those who have difficulties performing daily tasks, may that be due to a physical disability or just...
Do you have a will? If not, it should be a priority
It is an uncomfortable thought to have, but it is one that we all must confront at some point in our life: the end. When we die, we want to know that our estate -- our legacy -- is ready and that it is properly handed off to the people that we designate. In order to...
A special needs trust provides a lot for your family
As we have written about before, trusts are a critical piece to any estate plan. There are many different kinds of trusts that can be utilized, depending on the situation. One important scenario for many families all across the country is helping their special needs...
Top Five Reasons for Revising an Estate Plan
Suppose you actually have an estate plan in place. This already puts you ahead of the game, as you are in the minority amongst most Americans. According to a recently released survey, 51 percent of Americans between the ages of 55 to 64 do not even have a will....
Why Data Transfer Concerns Mean Businesses Should Consider Counsel
The debate and ongoing negotiations over data transfer laws both in the U.S. and internationally should be something businesses should be taking careful note of. With laws constantly changing and the way we view data and privacy a continual conversation, seeking...
Wealth, health and legacy: why estate plans are crucial
Estate planning isn't just about your wealth and assets. Your health and your legacy are a huge part of having an estate plan. Without such a plan in place, your medical wishes may not be properly conveyed to the right people, and the elements of your life that you...
How a Trust Can Help a Child With Special Needs
Parents and grandparents with a special needs child are unfortunately faced with the ultimate realization they are not always going to be around to care for their child. As independent as there their child may be, there is often a need for ongoing special care. A...
Why Young Professionals Shouldn’t Neglect Estate Planning
Millennials and young professionals are more wealth management savvy than people may think. According to Wealthfront, an investment management group, millennials (roughly all young people born in the 1980s) have control over an estimated $2 billion in liquid assets....
