If you’re in an LGBTQ+ partnership (married, civil union, common-law marriage, or long-term relationship) you NEED a will…like yesterday. Don’t get us wrong, as an estate planning firm, we think having a plan for your future is imperative for anyone in any relationship. However, there are a few very specific things you need to consider adding to your will if Continue Reading →
And why you need both in your estate plan You’ve worked hard for your family most of your life. Naming beneficiaries can keep all your hard work you’ve provided to benefit your family where it belongs, ensuring generational wealth. When it comes to naming beneficiaries, you’ll need a primary beneficiary and a contingent beneficiary. But do you need both? Once Continue Reading →
“Say not you know another entirely till you have divided an inheritance with him.” -Johann Kaspar Lavater Leaving money to the family—especially your children if they’re financially irresponsible—is different than a business transaction. It’s chock full of emotion, and if you don’t plan carefully, heated arguments may ensue which could squander your hard-earned money in the process. Good thing Continue Reading →
The kids are grown and flown, now is the time to update your will and estate plan and focus on your future You’ve devoted 18-plus years to giving your child wings to fly on their own, and now you’re faced with an empty nest, but there’s nothing empty about the future—you now get to focus on and plan for yourself! Continue Reading →
When you hear the word ‘legacy,’ what comes to mind? For some, maybe it means becoming famous or well-known for your contributions to the world, even if just to your family or immediate community. For others, it may mean building wealth that will surpass your lifetime. Others may think of close family connections and ancestry. If you’re thinking of Continue Reading →
Life can be difficult and filled with many ups and downs and challenges, but it doesn’t need to be all gloom and doom. It doesn’t have to be difficult when you take each obstacle one step at a time. Sit down and think of ways you’d cover all your bases by taking the initiative and thinking about your estate plan Continue Reading →
Many things can happen in life, and it’s not always possible to plan for every scenario individually. Oftentimes, we never want to think about those what-if scenarios that deal with an untimely death. These topics are tough to think about. That’s why it’s best to frame it as a selfless decision. Thinking about every possible estate planning scenario Continue Reading →
Planning your estate and planning your legacy may correlate in some aspects, but are, at their core, entirely different. Planning your legacy is creating a memorable image of yourself that will last for future generations. Think of it this way—leaving behind a legacy is just like writing a book. It’s creating your story for others to read and reflect. Estate Continue Reading →
Estate planning is not only about having a plan in place to deal with what happens at your death, it is also about having a plan in place to deal with what happens if you become mentally incapacitated. In this issue you will learn: What happens without an incapacity plan. The essential documents for managing finances during incapacity. The Continue Reading →