Is Your Estate Plan Complete?
We talk a lot about “estate planning,” but what does it really mean? What documents are we talking about, and what do they do, exactly? Let’s break it down.
Can You Spot the “Simple” Estate?
As an estate planning lawyer, one of the most common things I hear is: “I have a simple situation, so I don’t need any fancy trusts or complicated planning.” But here’s the catch—most people aren’t great at accurately gauging whether their situation is truly “simple.”
The Downsides of DIY Estate Planning
With so many online options for creating your own will and estate planning documents, it’s tempting to go the DIY route. While this might seem quick and affordable, there are some major drawbacks to consider.
New Year’s Resolution for 2025: Start Your Estate Plan with Confidence
As we step into 2025, it’s time to embrace resolutions that truly matter—ones that offer long-term benefits for you and your loved ones. Estate planning may feel overwhelming, but starting in the new year can be the perfect time to take charge. With the fresh start January offers, you can set the tone for a year of proactive decision-making and organization.
Holiday Gifts With a Twist!
Financial gifts can be a fantastic way to set up the younger generation for future success, and they might even offer you a tax benefit. These gifts may not come with shiny bows, but their long-term value is undeniable.
3 Essential Questions to Ask Your Parents This Holiday Season
The holidays are a time for connection, reflection, and family traditions. They’re also a rare chance to have important conversations with loved ones about their wishes for the future. While these discussions can be uncomfortable, asking the right questions now can save your family from confusion and heartache later. Start introducing theses issues gradually when the time seems appropriate so that discussions can become more natural and cause less anxiety.
Smart Ways to Leave Your Kids Their Inheritance
Most parents know they want their children to inherit their estate someday. What they may not know is that, without an estate plan, their kids could inherit a big lump sum on their 18th birthday! Even parents of the most responsible children may not want this. The good news is you can put legal documents in place that override this default rule.
Your Year-End Estate Planning Checklist
As 2024 winds down, now is the perfect time to reflect on your wishes and review your estate plan! Here is a quick checklist to help you start the new year with peace of mind.
7 Reasons Your Family Should Have a Trust
Many hear the word trust and assume it’s something only wealthy people need. While it’s true that trusts are often used by high-net-worth individuals, families with more modest means also benefit from them. Here are seven reasons why you might want to consider a trust for your family.
Celebrating Legacy This Holiday Season
The holiday season is all about togetherness, reminiscing about the past, and looking forward to the future. While it's not the cheeriest topic during festive dinners, it's worth pondering what legacy you aim to leave behind.
The Art of Legacy Letters
Today, we're putting pen to paper and exploring the art of legacy letters. What are they, you ask? Well, think of them as a heartfelt message from beyond the grave—a way to impart your wisdom, values, and life lessons to future generations.
Estate Planning Isn’t Just for the Rich!
When you hear "estate planning," you might think it’s something only for the ultra-wealthy. Surprise! Estate planning is for everyone, regardless of your bank balance. Here’s why it matters for you.
Deadline Looming! CTA New Small Business Reporting Due by January 1, 2025 for Many Businesses
Small business owners have one more item on their compliance to-do list by the end of 2024 under the Corporate Transparency Act (CTA) - file their Beneficial Ownership Information (BOI) Reports. Read this article to find out how to get help with your BOI Report filing.
Secure Your Digital Legacy
In today’s world, we accumulate more than just physical assets—think about all the digital accounts and online assets you have, like bank accounts, investment portfolios, social media accounts, and even valuable digital currencies like Bitcoin. Without proper planning, your loved ones could face difficulties accessing or managing these assets when you’re gone.
Equality in Estate Planning: A Guide for LGBTQ+ Families
As a law firm committed to inclusive estate planning, I understand the unique considerations that LGBTQ+ individuals and couples face when it comes to safeguarding their legacies. Our goal is to provide a tailored approach to estate planning that respects and protects the rights of all individuals.
Winning Combo - Life Insurance and Estate Planning
Life insurance plays a critical role in comprehensive estate planning. Life insurance not only provides financial security for your loved ones but also offers important benefits in estate management and wealth transfer. Let’s explore why integrating life insurance into your estate plan is a smart decision.
Celebrating National Estate Planning Awareness Month 2024
The first of October ushers in a month that holds special significance in our world - National Estate Planning Awareness Month. That's right, October isn't just about Halloween and candy corn. It's about securing a legacy, protecting assets, and ensuring a smooth transition for your loved ones.
Life Happens: Update Your Estate Plan
Life is full of unexpected turns. You fall in love, get married, start a family, or unfortunately, experience loss. While these are significant milestones, they also signal a crucial time to revisit your estate plan. Let’s break it down.
Guide to Estate Planning for Gen Z
As Gen Z transitions into adulthood, let's debunk the myth that estate planning is solely for retirees. Read on to explore the fundamentals of estate planning for the next generation.
Family Huddle: Having Open Conversations About Estate Planning
It is important to be transparent and honest with family when it comes to planning your estate, if your family dynamic supports those discussions. In this article, I share tips on how to start these important conversations and make sure your family is kept in the loop.