You’re a parent of minor children—do you know what would happen to your children if something happened to you? Maybe one of your siblings would step in or perhaps an aging parent. Maybe you were rushing to get out of town last year and sent a quick email to a friend or family member saying who you’d want as guardian Continue Reading →
It’s impossible to know what life has in store—just ask Joan Rivers who went in for a routine surgery recently and suffered cardiac arrest that led to her passing. It’s uncertain when the inevitable will happen but you can at least provide some certainty about the future of your children and loved ones. Life insurance is a must if you’re Continue Reading →
Want to read a news story that will make you smile? Check out the Wall Street Journal’s recent story about a woman’s trust that provides funds for her house plant. Ronna Scoratow has no companion that has been by her side longer than her 42-year-old philodendron. It may very well be that her plant outlives her. What would happen to Continue Reading →
A recent Wall Street Journal article noted that boomers and seniors are becoming more interested in passing along family heirlooms and history, leaving a legacy for future generations that extends beyond money. As the Wall Street Journal reported, it may be tempting to think “the economic downturn, steep health-care costs and longer lives may mean less money is being left Continue Reading →
It was announced today that Nelson Mandela’s estate is valued at $4.1 million, excluding royalties and potentially other sources, to be split among his family, members of his staff, schools he attended, and the African National Congress, the movement with which he was intimately involved for decades and which now rules post-apartheid South Africa. How do we know that Mandela’s Continue Reading →
August 13, 2013 Unfortunately, money has a habit of bringing out the worst in people, even in the best of families. One of the most important reasons to get your estate plan in place is to keep your family out of conflict. And, yet, without the right counsel, your estate plan could actually cause conflict. Here’s what to do to make sure Continue Reading →