Life takes us all in different directions and we all have different goals. Many think that having an estate plan is only important for those with children or with family that they are planning on leaving their estate to. While it is important for those people to have an estate plan, it can be [...]
With so many misconceptions about estate planning, it can be confusing to know exactly how estate planning works. These misconceptions can also keep you from starting an estate plan because the entire process may seem overwhelming. Paired with no one wanting to think about the end of their life, estate planning can be put [...]
With so many misconceptions about estate planning, it’s hard to know what you need to have prepared for your loved ones in case the worst happens. Many think that an estate plan just involves having a will. Of course a will is great to have, but there is much more to an estate plan [...]
A common misconception is that once your estate plan is signed that it’s set in stone and permanent. This fear may lead to avoiding putting together an estate plan altogether, but this misconception could not be further from the truth. Your estate plan isn't permanent. Just as you go through different chapters and changes [...]
We are in the midst of the greatest generational wealth transfer in history. It’s estimated that the baby boomer generation and approximately 45 million households will be passing on a staggering $68 trillion dollars over the next 25 years. With the majority of this wealth being passed to the next generation, it’s best to [...]
Many times when thinking of an estate plan, most people think of having a will. A will is great to have, but there may be more benefits to having a trust-based estate plan. A will documents your wishes for the distribution of your assets upon your death. With a trust plan, you have more [...]
Leaving A Legacy You’ve heard the recent news that a billionaire died unexpectedly leaving a very surprising estate plan. Scholastic CEO M. Richard Robinson Jr. died unexpectedly in June 2021 and left behind a plan to leave control of the $1.2 billion company to its Chief Strategy Officer of the company, Iole Lucchese, whom [...]
Not having an estate plan means you do have a plan, a plan that could leave your loved ones potentially with nothing. It’s estimated that 50-60% of Americans don’t have a Will and with over half of the country living without a proper estate plan, that means there’s a lot of relatives and friends [...]
Britney Spears has recently been making headlines as she goes to court to battle the conservatorship she has been placed under. While many are familiar with her situation, it’s still shocking to hear that the conservatorship has been in place for 13 years and during this time Britney has released multiple albums, put on [...]
Now that travel is ramping up because so many of the pandemic restrictions are being lifted, that vacation you’ve been craving after being cooped up during the pandemic may be nearing. While you’re on your trip, it may be a good time with the family all together and relaxed to talk about the future. [...]
