Our Estate Planning Blog
One in five Americans has married at least twice. However, a sobering 60% of second marriages end in divorce, the Census Bureau found.
Sometimes you have to hold the reins tight, especially when it comes to money. A spendthrift trust does exactly that.
Getting older often represents new opportunities, such as enjoying retirement and spending time with grandchildren. However, aging also means that individuals are at a higher risk for health-related struggles, such as Alzheimer’s disease.
Your obligations to your family or loved ones do not stop, even if you have already passed on. If your family, especially your children, are still heavily dependent on you, you can still provide for them through proper estate planning, even if you are no longer present.
If you haven’t looked at your will or estate plan lately, now is a good time to do so.
Leaving a legacy — sounds like something only wealthy people can do, right? It can be something like making a giant bequest to a university or passing on a significant estate to your children.
Disability can strike suddenly and is one of the reasons appointing an agent on your behalf to act when you cannot, is so important.
If you own a business, you’ve always got plenty to think about: sales, marketing, employees, competition, industry trends and consumer preferences. The list goes on and on.
You can no longer make medical or financial decisions for your children without proper paperwork.
Do not put off finalizing and signing your estate planning documents, just because you have reached an impasse on who to name as trustee.