Author Archives: Site Administrator
What Young Entrepreneurs Should Know About the Estate Planning Process
Estate planning can often seem overwhelming for someone who is already involved in all of the various aspects of running a busy company. However, entrepreneurs and in particular, young entrepreneurs need to be mindful of how to engage in the estate planning process appropriately. Estate planning and business succession planning, in conjunction with asset… Read More »
Want to Settle Scores with Your Will? Here’s Why You Should Skip It
Although it can be difficult to come to terms with the management of your estate and family members that you wish to disinherit, using your will to settle a score and leave in specific clauses that make things more difficult for your loved ones is not always recommended. If you do desire to disinherit… Read More »
Tips for Choosing Your Healthcare Power of Attorney
Any loved one should have a power of attorney for healthcare set aside. This is the individual who is empowered to make medical decisions on your behalf if you are unable to do so because of your own incapacitation. Depending on where you live, this may go by a number of different terms but… Read More »
Don’t Make This IRA Mistake in The Estate Planning Process
Passing on your IRA to someone you love is a popular choice when engaging in estate planning. However, how you choose to pass this along could lead to unintended consequences for them or even problems that you never expected. One of the most common mistakes that people make with regard to their IRA is… Read More »
What to Do When You Can’t Decide About Your Estate Planning
It is a common situation for someone approaching the estate planning process to put it off entirely because they simply can’t decide. They might not know who they wish to appoint as a power of attorney agent, they are not sure how the property should be distributed or perhaps they are having difficulty reaching… Read More »
Consider A Decision That Could Affect You Forever: Estate Planning
By the time you are reading this blog, many people will have already made and possibly broken their New Year’s resolutions. However, you can capitalize on the energy of the new year by accomplishing a task that can benefit you and your loved ones forever. This is your estate planning. Many American adults don’t… Read More »
Leaving A Legacy with Your Estate Plan
Having an estate plan and being aware of what it says, in addition to communicating this to your loved ones who are key players in the estate plan, can ensure that this reflects your values and your wishes. Many of the most common responses when people are asked about their estate plans include: We… Read More »
Incorporating College Savings Accounts into Your Estate Planning
Do you already have a college savings account set aside for your child or grandchild? If so, this is prudent planning. But you might want to take things one step further to ensure you’ve considered all potential aspects of planning for the future should something happen to you. If you wish to support a… Read More »
What Happens to Your Social Media Accounts When You Pass Away?
The sudden loss of a loved one can present many unique legal challenges to your family members and those responsible for managing your estate but a common question that has become increasingly important in recent years is what happens to your social media. Social media sites such as Facebook have their own rules about… Read More »
What Are the Four Biggest Risks for a Solid Retirement in the United States?
More people than ever before in the past are approaching retirement in the coming years and this makes it all the more important to consider the four biggest factors that could ultimately influence your tax and retirement plan. Thinking carefully about retirement also includes a consideration of your estate plan and the goals for… Read More »