Providing Financial Security to your Heirs
Inherited assets come with benefits, along with some burdens
November 11, 2021
Trusts and Wills have some Key Differences
No one relishes the thought of the day they pass away and leave all their worldly possessions behind. However, it’s a certainty that no one can avoid. Thankfully, you have options for planning for what happens to your estate, including a will or a family trust.
November 4, 2021
A lot of Flexibility in 529 Education Plans
Most of us associate 529 accounts as college savings vehicles. They’re flexible, allowing you to transfer assets to anyone, including yourself, for the express purpose of furthering the education of your beneficiary. However, did you know that a 529 can also be a powerful estate planning tool?
November 3, 2021
Creating a Legacy Plan
Over the next 25 years, analysts anticipate $68 trillion to be passed down to younger generations and charities. While the importance of legacy planning is not limited to the forthcoming Great Wealth Transfer, it does spotlight the significant amount of wealth that has been created, primarily by Baby Boomers, and the need to transition these assets thoughtfully.
November 2, 2021
How Does Medicaid Count Assets?
Although the Medicaid system may be a generally recognized public benefit, the intricacies of the program usually do not become relevant to individuals, until they face the need to use it.
November 1, 2021
Small Business Owners need Estate Planning
Small business owners have their hands overflowing with issues, and they devote most of their time to matters related to the smooth running of the business. Having no time to think about other matters, they do not bother about estate planning for them.
October 28, 2021
Prevent Asset problems with thoughtful Planning
If you’re planning an inheritance, be careful about leaving these assets to a loved one. They may create more trouble than they’re worth.
October 14, 2021
What’s an Enhanced Life Estate?
Your house might be your single most valuable financial asset. So you want to make sure you can give it to those you love when you die, without giving up the farm. That can be tricky.
September 30, 2021
Using Cryptocurrency in your Estate Planning
What Is Cryptocurrency? Why Has It Been So Popular?
September 27, 2021
Estate Planning for Same-Sex Couples
Some people might assume that estate planning is only for the wealthy. However, the reality is that anyone can, and should, engage in estate planning, regardless of wealth. Although creating an estate plan for same-sex couples isn’t totally different than for heterosexual couples, there are some considerations that are unique to same-sex couples.
September 15, 2021