Challenges of business succession planning shouldn't keep you from having a plan for your business. A bad business succession plan is a plan that fails to effectively transfer ownership or management of a business from one generation to the next. Business succession planning is crucial for the long-term success of a company, as it [...]
Losing a loved one is the hardest time in one's life and knowing what not to do when a loved one dies is so important. With the to do list that comes along with making arrangements after your partner's passing, sometimes decisions can be made hastily or even brushed to the side. Grief is [...]
The biggest estate planning mistakes can be devastating to your loved ones. We hear the same things over and over when it comes to estate planning. "I don't need an estate plan, my loved ones will get everything.". "My family can decide what to do with my assets.". "I'm healthy, I don't need an [...]
A question that many people wonder as they think about starting an estate plan is "why should I hire an estate planning attorney?". The pandemic created a sense of urgency for people to get estate plans in place, and with this came the rise of DIY estate planning websites and law offices offering cheap [...]
Family dynamics are constantly changing and with our families expanding, it's important to understand what blended families should know about estate planning. A blended family is a family formed by marriage or partnership that brings children from previous relationships. While estate planning for blended families may seem more complicated, it's still important to cover [...]
Splitting your assets can be hard to think about, especially if you don't have heirs or don't want to split things evenly. There's plenty of factors that contribute to your decisions on how you'll be splitting things. Even if your family dynamics are less complicated than others, there can still be different reasons for how [...]
If we have learned anything from the pandemic the last two years, it's that we need to prepare for the unexpected. With a virus that can have unexpected complications in even the healthiest of people, preparing for emergencies is more important than ever. We often hear people thinking they aren't old enough or wealthy enough [...]
If you are in a committed romantic partnership, whether you are married or not, estate planning for couples is important. A proper estate plan will highlight your wishes for your assets and your own healthcare decisions should something happen to you. Leaving a plan for your spouse or partner is a huge comfort for them [...]
Administering your spouse’s estate plan after losing him or her is the last thing you want to think about. It may seem unnecessary to need to review and administer an estate plan during such a time of grief. But there may be decisions that need to be made sooner rather than later. In many cases [...]
With end-of-life planning, you won't leave your family scrambling to make decisions during an emotional time. No one wants to think about the end of their life but doing so with a plan for the end will only show your loved ones how much you care. End of life planning is a part of estate [...]
