While your child will now be a legal adult, you still have essential parental duties If you don’t support your child to step into adulthood with legal documents to help both of you, it can be challenging and costly for you to help them in the event of an emergency.
With all of the media about “digital wills” and “online estate planning,” it could be tempting to think you can do your estate planning yourself, online. Maybe you can, but if you do you need to know the potential pitfalls. […]
A last will and testament can ensure your wishes are respected when you die, but if your will isn’t legally valid, those wishes might not actually be carried out. Instead, the laws of “intestate succession” would apply, meaning that the […]
A will is one of the most basic estate planning tools. While relying solely on a will is rarely a suitable option for most people, just about every estate plan includes this key document in one form or another. A […]
If you are a mom or dad with children under the age of 18 at home, your number-one estate planning priority should be selecting and legally documenting both long and short-term guardians for your kids. Guardians are the people legally […]
Whether you consider yourself wealthy or not, you need to think about how (and when) you’ll talk with your children about money, whether they’re little kids, tweens, teens, or already adults. It’s suggested these discussions happen in three stages during […]
As a parent, you’re likely hoping to leave your children an inheritance, but without taking the proper precautions, the wealth you pass on is at serious risk of being accidentally lost or squandered due to common life events, such as […]
Your estate plan should continuously evolve along with your life circumstances and other changing conditions, such as your assets and the law. No matter who you are, your life will inevitably change. Families change, laws change, assets change, and goals […]
With more and more Baby Boomers reaching retirement age each year, our country is undergoing an unprecedented demographic transformation that’s been dubbed “The Greying of America.” This population shift stands to affect many aspects of life, especially your relationships with […]
A study conducted by the Investor Protection Trust found that more than seven million older Americans — 20 percent of those over the age of 65 — had already been a victim of financial abuse. Here are some tips on […]
