Knowing ahead of time how much you are willing to contribute to charities and those specific charities to which you will give makes it easier to deal with those groups not on your “list”
Knowing ahead of time how much you are willing to contribute to charities and those specific charities to which you will give makes it easier to deal with those groups not on your “list”
The term “blended family” has become commonplace in our society and refers to a family where one or both spouses were previously married and have children from the prior marriage. In some instances, the new couple goes on to have […]
Opening these conversations with your family will be difficult, but nowhere near as difficult as it would be on your family in the absence of advance planning
Making provisions for pets in your will can only be done through the establishment of a trust. Pets are considered property and, as such, cannot be left money or property directly.
All of these processes will prevent the need for a court to appoint a guardian for you if you become incapable of managing your own affairs. In my experience, it is important to do everything possible to avoid court and having a non-interested third party judge, who knows nothing about you, from making decisions that will impact your life.
Your first objective with these plans should be to contribute enough of your earnings to build up a nest egg that meets your projected goal. The next objective is simply to invest wisely
Once a child turns 18, they are no longer considered a child in the eyes of the law. And you no longer have the legal right to access their health care, school or banking records without their permission. Here are some steps you should take before your child leaves the nest that will help ensure your peace of mind and their safety
Creating an estate plan is something you do to leave a legacy of care and love for the people who matter to you the most. Working with an attorney who understands your goals and wishes for your family, and can articulate those in a well-crafted estate plan, is a much better alternative than relying on a one-stop shopping experience.
Many people fail to create an estate plan because they don’t truly understand what is involved and therefore believe it is too complicated. But the real truth is that creating an estate plan during your lifetime is far less complicated than what your family will deal with after you are gone, if you don’t.
America is a nation of do-it-yourselfers, but building a deck and creating a legally valid estate plan are two entirely different things – and a less-than-perfect deck won’t devastate your family’s financial future or the relationships among the people you care about most.
The prevalence of online legal services has led many people to believe that they can create legal documents cheaply and those documents will be just as effective as if they had visited an estate planning attorney. And this is why that is wrong:
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