The birth of a child, in particular your first, may be one of the most monumental and life-altering events you experience. Many will say the best event in your life. With this wonderful gift also comes great responsibility. A child’s life and well-being is very dependent on his or her parents and/or guardians, therefore if […]
Common Misconception: Having an attorney create a professional asset protection plan is too expensive / isn’t worth the cost. Yes, you will have to pay an attorney to create your estate plan, but the price will ultimately depend on the size and complexity of your estate. However, the price to plan with an attorney will […]
Common Misconception: Having joint accounts with my children is an adequate plan. Initially, this may seem like a great idea. Your surviving family member(s) will be able to take control of the account/property without going through probate. On the other hand, there are many drawbacks to taking this approach over creating an estate plan, and […]
Common Misconception: My estate is too small. The size of your estate shouldn’t prevent you from some simple planning. Not only will your estate plan let you designate who should receive certain assets, but it will also include who will handle your affairs – both medical and financial – if you are incapacitated. Although the […]
Common Excuse: I’m too young to create an estate plan. In the majority of instances, younger families may not impact their family for decades to come. The truth is this can’t be guaranteed, and in the circumstance where an unfortunate event does occur, similar to an instance of not having life insurance, the lack of […]
When it comes to creating an estate plan, many people neglect to include digital assets. However, as the world becomes more reliant on the internet, it’s important to consider what will happen to your online accounts after your demise. Digital Assets can include things such as your email accounts, website domains, online bank accounts, online […]
With conflicting images of millennials as either living in their parents basement forever or striking it rich with an artisanal organic food truck, it’s clear that retiring like a millionaire seems unlikely for most members of this new generation of young adults. However, it is possible for those in their twenties and thirties, if they […]
It’s not going to make you the most popular person at the party, but life insurance is a necessary part of adult life, and one that most of us don’t think about very often. When was the last time you did a risk management assessment to make sure that you have the right kind of […]
2016 has the potential to become a disaster if our government does not act soon. Picture this: nearly one third of all Medicare beneficiaries will face a 50% – you read that right – increase in their Part B premiums in 2016. More than two thirds will have ZERO premium increase. Some beneficiaries will have […]
No one likes to talk about death, even though we all know it is inevitable. The tough question that follows the necessary discussion includes what you want to happen when you are no longer alive. Who will raise your children and what will happen to your assets? If you procrastinate and do not make your […]