At the top of your spring-cleaning list should be thinking about ways to clean up your estate plan. If it’s been some time since you first sat down with a knowledgeable estate planning attorney and drafted a plan and the documents that helped to guide your most important decisions and the transfer of your assets,… Read More »
Monthly Archives: March 2023
Why Is End of Life Planning So Important?
As you contemplate the concept of your estate plan, you may think mostly about how to pass on the assets you’ve accumulated during your life to your loved ones. This can include considerations around taxes, who is most responsible for receiving lump sum benefits and who may need additional control, such as assets placed inside… Read More »
What Is a Health Care Proxy?
There are many different terms used in relation to the estate planning and incapacity planning process. You may create these documents by working with a qualified estate planning attorney. As people age, their health care needs shift and may increase. By 2040, the number of Americans who are aged 65 and above will increase to… Read More »
Two Important Annual Tasks to Support Your Estate Plan and Your Overall Finances
Every year, you should look at your overall financial picture while you begin to gather your documents and materials for filing your taxes. Completing these two tasks earlier on in the year often amounts to better tax efficiency. Working with your financial advisor, any other financial team members like your CPA, and your estate planning… Read More »