Broaching the topic of estate planning with your children can be a daunting task, with a mixture of difficult emotions for everyone involved, rising to the surface—anxiety, fear, or even avoidance. Depending on their age, maybe you think they might not follow or understand the discussion. But it’s important to talk to your children about estate planning. Overall, no Continue Reading →
While planning your estate and will is vital for ensuring that your family is well taken care of, life happens, and the planning process is continuously put off. While we can urge you to start planning today, let’s look more in-depth as to why you should plan out life insurance and the issues that can arise if you don’t plan Continue Reading →
Assigning guardianship shares a lot in common with planning your estate. What if something happens to me, who will watch over my children? There is a lot of stress and anxiety that goes with handing over parental control of a child, but there doesn’t have to be. Just like planning your estate, you have control over who you want to 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 →
Each passing day can be more stressful than the last. As these uncertain times continue to progress, we continue to dream of the days past where the future and our estates were more concrete. While we continue to adapt our social lives to the coming changes, what about your financial stability? Perhaps you wrote your will before these changes happened, Continue Reading →
Right now is a time with many unknowns—a lot of things we can’t control. We don’t know when daily living as we know it—meeting up with friends, enjoying a new restaurant, actually going to a movie theatre to watch the newest release, not having to fret over lack of toilet paper—will get back to some sort of semblance of order. Continue Reading →
Hear me out. I’m going to admit that most lawyers get it wrong here, and I used to be one of them. I used to do exactly what I would absolutely cringe at doing now. It’s really amazing how much our clients have taught me over the last five years – they’ve brought to us every estate planning scenario imaginable, and Continue Reading →
There’s a lot to sort through after the death of a parent – photos, heirlooms, documents. But what about outstanding debt? In most situations when a person dies the burden of debts falls on the estate (not the heirs personally), but the debt can eat into an inheritance and heirs are known to make missteps in distributing assets without settling Continue Reading →
You may think your estate plan is complete just because you’ve signed a will or trust. Not true! In every single case, if your beneficiary designations are not reviewed when you sign a will or trust, your estate plan likely will not work out as you think. Here’s what I mean: You probably have retirement accounts or life insurance policies Continue Reading →
Funeral Planning Workshop Wed, Oct 26 at 6:00pm Free admission. Light refreshments and babysitting will be provided. RSVP at https://willsandwellness.com/funeral-planning-workshop Few of us are prepared for the death of someone we love. Those left behind struggle with many difficult questions: What type of funeral service would my loved one want? What arrangements can our family afford? The purpose of a Pre-Arranged Funeral Continue Reading →