Don’t Put Off Your Estate Planning!
It’s all too tempting to delay your estate planning—to say you’ll do it tomorrow rather than tackling it today. Understandable though this impulse may be, it can also be disastrous. Remember: Estate planning is how you allocate your assets to ensure your loved ones are taken care of, even after you die. And, it’s also […]
When is it Time to Update Your Estate Plan?
One of the most common misconceptions about estate planning is that you can “set it and forget it”—that is, that you can make an estate plan and then just sit back and relax. Actually, it’s incredibly important to be vigilant, ensuring that your estate plan is updated to reflect any changes in your family, changes […]
Help Your Millennial Child with Estate Planning
Once you reach age 60 or so, it’s only natural to start thinking about your legacy: What have you spent your life building? How can you continue to build on it? And how can you be sure it’s passed down to the next generation when you go? Studies show that those about the age of […]
What Should Millennials Know About Estate Planning?
Something we feel strongly about is that estate planning is for everyone; the need for estate planning is not bound by financial standing, age, or occupation. Even young people, including Millennials, are advised to take some preliminary steps to plan for the future. In this post, we’ll take a look at some of the specific […]
Get Your Family Talking About Estate Planning
Estate planning isn’t something you should try to do all by yourself; after all, your estate plan affects all of the people in your life, and in particular your family. As such, it’s important to sit down with them and have some clear, open, and honest communication. The problem is, having a positive conversation about […]
Avoid Family Tension in Your Estate Planning
Estate plans aren’t only meant to benefit you; they are also meant to benefit your family, long after you’re gone. For example, your estate plan outlines the ways in which your physical assets are allocated amongst your surviving family members. Because estate planning inherently includes family, however, there can sometimes be tension and disagreement. Anticipating […]
8 Essential Steps for Effective Estate Planning
We’re in the part of the year when many individuals reflect on their habits and resolve to be even better versions of themselves. One New Year’s resolution we highly recommend: Be more attentive to estate planning. An established estate plan preserves your legacy and ensures that your loved ones are cared for—even after you die. […]
Innocent Mistakes That Can Foil Your Estate Plan
As general advice, we’d say it’s always best to establish an estate plan early in life; that way, you can work out any wrinkles and avoid having any surprise estate planning mistakes down the road. Even these “early adopters” can face issues, however, sometimes due to perfectly innocent mistakes. It’s important to take care of […]
10 Simple Steps to a Foolproof Estate Plan
Many individuals never think about how their possessions will be distributed once they die—perhaps because they simply lack knowledge about how estate planning is supposed to work. In this post, we’ll provide 10 simple steps you can use for creating an estate plan—and while these steps don’t cover every possible contingency, they will certainly provide […]
5 Reasons to Have an Estate Plan
When it comes to the benefits of estate planning, it’s important to not be too reductive. While it’s true that many individuals pursue estate planning for one simple reason—that is, to ensure their assets are properly transferred to their heirs—that’s really just the tip of the iceberg. In reality, there are a number of benefits […]
