Every person can benefit from the process of estate planning, but it is even more important for those who are entering a blended family or have had multiple possible divorces. Blended families present unique estate planning challenges and considerations, but people who fail to update their documents in line with the new shifts in their… Read More »
Monthly Archives: June 2018
Just One Estate Planning Mistake Could Lead to A Significant Tax Bill
Many people don’t recognize that there’s a huge difference between inherited and gifted assets, and that this could cost your beneficiaries significantly in the form of taxes. If your parents are nearing retirement age and looking into proper estate and financial planning, they may be interested in transferring assets to your name to ensure that… Read More »
Passing Away Without a Will Sets Up Problems for Your Loved Ones
You may assume that you don’t need a will or that your future involving estate planning is far off or simply unnecessary because you don’t have enough assets, but far too few adults in the United States have a will in comparison with the number of people who should. Dying without a will can pose… Read More »
Have You Neglected to Plan for Disability or Incapacity?
In addition to establishing documents that will help you pass on your assets to your loved ones in the future, you should also think carefully about whether or not you have planned for you own potential disability or incapacity. It is never easy for people to contemplate their own future, particularly, if it means they… Read More »