Your estate plan should include non-financial ways to leave a legacy. Estate planning is often associated with managing one's financial assets and ensuring a smooth transition of wealth to future generations. While financial planning is a crucial aspect, it's equally important to consider the non-financial ways to leave a legacy. Your values, beliefs, and [...]
The best ways to leave your kids an inheritance don’t need to be as complicated as you may think. Leaving an inheritance for your children is a thoughtful and caring way to provide for their financial future. Whether you have accumulated substantial wealth or modest assets, planning how to pass them on efficiently is [...]
Estate planning is more than just passing on your money. When most people hear the term "estate planning," their thoughts naturally gravitate towards financial assets, wills, and inheritances. While it's undeniable that financial planning is a crucial aspect of estate planning, there's a deeper dimension to consider – one that involves passing on more [...]
A Digital Executor is a relatively new concept when it comes to estate planning. So what is it and why do you need one? In today's increasingly digitized world, our lives are intertwined with the digital realm. From social media accounts and email addresses to online banking and cherished memories stored on the cloud, [...]
Deciding if you need separate versus joint trusts is a conversation that blended families need to have. Blended families, a term used to describe families created when two people with children from previous relationships come together, bring about a host of financial complexities that demand careful consideration. Balancing the financial needs of biological children, [...]
Protect your kids' future by learning what to avoid in your estate planning. While estate planning is mostly about transferring your wealth, your plan should encompass much more than that. Many individuals shy away from exploring family complexities or addressing emotionally charged matters. However, the truth is that failure to plan, confront tough issues, [...]
Divorce is a challenging journey that many of us hope never to face, but life's twists and turns sometimes lead us down that path. Amid the emotional rollercoaster, it's essential to understand the legal implications of dividing assets and property. In the United States, property distribution during divorce can be governed by one of [...]
Talking to your kids about their inheritance may seem like an overwhelming conversation. Easier said than done, right? But, sometimes the hard conversations are the most important ones. You've worked hard to build a life you're proud of, and with that comes thinking about what you will be leaving behind for the next generation. [...]
Can you handwrite a will? Technically, yes. But SHOULD you handwrite a will? No. Creating a will is an essential step in planning for the future, ensuring that your assets and wishes are properly distributed after your passing. Fans of HBO's popular show Succession, learned this in a shocking episode in season 4. With [...]
Don't leave your kids an inheritance outright. The best ways to leave your kids' an inheritance may not be the ways you think. As parents, one of our deepest desires is to provide for our children even after we are gone. With careful planning and consideration, you can establish a solid foundation for your [...]
