Single parents find themselves in a precarious position. If something happened to you, the future health, well-being, and financial stability of your child would be uncertain. That’s why taking the necessary steps to create an estate plan ranks among the most responsible thing you can do today. When you begin to imagine what your child’s…
Becoming a parent can be an eye-opening experience in many ways. It provides a sometimes new perspective on the bonds of unconditional love. That joy also comes with the greatest responsibility anyone can take on in their lifetime, the health, well-being, and nurturing of a child. If the notion of you not being there to…
When most people think about planning their estate, they focus on things like the money in their bank accounts, their home, other property and their most important possessions. But a good estate planning lawyer will be sure to ask about all of your assets — including your retirement accounts. Although accounts like 401(k)s and IRAs…
It can take a lifetime to build an estate that is robust enough to support you and your loved ones. Unfortunately, passing away without a comprehensive estate plan can decimate your assets in a surprisingly short period of time. Between costly legal expenses like probate, excessive taxes on your estate and mismanagement, some or all…
Retirement and estate planning can be a complicated process. Let’s face it. You have worked a lifetime to amass enough money and assets to get you through your retirement years or provide for your loved ones, and no one wants all of the work to amount to nothing. Crafting a retirement and estate plan means…
These are plenty of seemingly good reasons to procrastinate on estate planning. Your business may be thriving, and it requires your full attention. Maybe there doesn’t seem to be enough time to get organized. But the most common reason to kick the estate planning can down the road is that you feel healthy and have…
Because of how important estate planning is to your family, you should put time and care into getting it right. At the same time, you never know when something can happen, and you don’t want your family to struggle because you never got around to putting your plan in place. Take these steps now to…
Are you overwhelmed by everything you need to do to create an estate plan? While it’s better to have everything in place now, if that’s too much to handle and would only result in your putting everything off forever, you can try tackling just one thing each month. January: Create Your Napkin Will Start out…
Having the conversation with aging parents that it’s time to put a precautionary advanced healthcare directive in place can feel unsettling, even a little scary. Fear and anxiety about diminishing health and end-of-life issues rank among the primary reasons that families procrastinate. In order to overcome personal anxiety, it may be better to think about…
Often, young adults are guilty of hiding behind the cloak of youth as an excuse for putting off important decisions and commitments regarding their future. More often, they procrastinate on these topics and the bewilderment and frustration of those that love them and are truly trying to help set them up to overcome future challenges. …