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 →
Introduction to Genealogy Workshop Tues, Aug 23 at 6:00pm Free admission. Light refreshments and babysitting will be provided. We will cover topics such as DNA testing, genealogy mapping, family history resources, and more! RSVP at https://willsandwellness.com/genealogy-workshop/ Have you seen the popular TV shows Who Do You Think You Are, Genealogy Roadshow or Long Lost Family, where individuals connect with their ancestral roots 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 →
For many pet owners, pets are members of the family. Pet owners often say that if something happens to them, they are as concerned about will happen to their pets as they are with their children and spouse. What Happens to the Pets When the Owner Becomes Disabled or Passes Away? Most pet owners want the assurance of what Continue Reading →
Each month, Wills & Wellness likes to highlight some of our existing clients and their work. Read all about Jennifer Comforts’ business below. Before After I love helping people love their homes! Our homes are an important extension of who we are. They are our safe place to land, our spot to rejuvenate, the place we gather with those Continue Reading →
Everyone has heard of wills and trusts. Most articles written on these topics, however, often presume that everyone knows the basics of these important documents. But, in reality, many of us don’t – and with good reason – as they’re rooted in complicated, centuries-old law. Let’s face it, if you’re not an estate planning attorney, these concepts tend to remain Continue Reading →
“Owning a home is a keystone of wealth…both financial affluence and emotional security.” Suze Orman While you consider what it takes to prepare for your future with family estate planning, keep in mind that often, one of the biggest assets people own is their home! Real estate planning is an important consideration in looking at the overall financial health of your Continue Reading →
Shocking to most people, your retirement accounts can be seized once they pass to your loved ones. During your lifetime, your retirement funds have asset protection, meaning they can’t be taken in a lawsuit. Unfortunately, as soon as retirement accounts are inherited by your loved ones, the protection evaporates. This means your hard earned money can legally be snatched by Continue Reading →