Why Millennials Shouldn’t Skip Estate Planning Millennials are running the world right now. They’re at that age where they’re climbing the corporate ladder, making plans for long-term career accomplishments, bucket lists of things to do and experiences to have. They’re looking at starting families, settling down, traveling, grabbing life by the horns and holding on …
Ways to Protect Your Child’s Inheritance in a Divorce Divorce is a rough thing for any family to face. When it comes to inheritance, it’s important to understand that these aren’t treated like other property. The key is whether marital property has commingled with the inheritance; if this hasn’t happened, inheritance, like pre-marital property, remains …
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Estate Planning Tips: Finding the Right Plan for You Estate planning means preparing for unfortunate and unexpected events. It’s not something people like to consider, that one day they might not be here anymore, and those left behind need to be cared for. It’s much more than that, however; it’s ensuring that your last wishes …
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An Estate Planning Guide to Help Your Aging Parents You may or may not have discussed end-of-life plans with your parents, but if you haven’t, it’s important to do so. You need to make sure that when they pass away, your parents’ assets are properly protected and distributed, that the tax burden on you and …
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Must-Have Documents You Need for Estate Planning As much as we all talk about how important end of life planning is, few people want to think about it, and put it off far too long. After all, nobody likes to think about their own mortality. Still, estate planning isn’t something you do for you, but …
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I Don’t Have Any Assets; Do I Need a Will? Far too many people view wills as something that only the wealthy have or need. They figure that there’s not much to distribute among their belongings, nothing of real value, so a means of distributing their assets isn’t really necessary. The truth is, everyone has …
You may have heard the statistic that 50 percent of marriages end in divorce. This statistic is true, and remains stable, but here’s an additional statistic that the base numbers don’t show: divorce among those over the age of 50 has doubled over the 20-year period between 1990 and 2010. 600,000 people over the age …
The further we get into the digital information age, it seems, the more opportunities there are for unscrupulous individuals to take advantage of innocent people. Elders are particularly at risk for these schemes and scams, as they haven’t grown up with the technology of the day and tend to be more trusting and less suspicious …
We’re rapidly approaching the end of 2016, and with that comes the New Year and a fresh start. Leaving the baggage of the year behind and focusing on the future is what New Year’s Day is all about, and with that comes thoughts about the things you need to accomplish. Among those things should be …
Legal processes, and estate law in particular, can be rather slow moving in how they evolve to reflect the world in its current state. This is no truer than with the inclusion of new property made available due to recent advances in technology. Estate planning for digital assets is tough because, until the past few …
