It’s the perfect time of year to incorporate your estate planning into the bigger picture. Estate planning requires a team approach and communication with all relevant parties. If you’re also a business owner, you can’t complete the process of estate planning without incorporating business succession planning and asset protection planning.  All of the key stakeholders […]

If your loved one was recently diagnosed with dementia, the entire family has plenty of things to think about. It’s hard to determine when things have gotten so bad that you need additional support or to consider whether they need to move to a new place so you can either keep an eye on them […]

Should you always strive to spend the same amount on your kids? This recent Wall Street Journal article highlighted some of the things to keep in mind when deciding how to divvy up ongoing spending, but it also highlights how these same issues can come up in the process of estate planning.  While the easiest […]

Getting married to someone in later years is becoming increasingly common. In fact, plenty of research studies are looking into how Millennials choices to get married later could have ripple effects across society and the economy. But what about your own finances? Have you thought about how you’ll plan effectively for your estate when it’s […]

  There are so many misconceptions surrounding the process and the need for estate planning. It’s all too easy to brush this off or assume that you don’t make enough money, aren’t old enough or don’t have enough unique considerations to put you at the top of your list for an estate planning priority. But […]

A few impacts emerge from the Secure Act or the Setting Every Community Up for Retirement Enhancement; one of the biggest challenges associated with carrying on your estate plan following the implementation of the secure act is that this law eliminated a very popularly used estate tax strategy that previously applied to IRAs.  If a […]

One of the most complicated facets of estate planning emerges when you’ve been married more than once or have children from a previous relationship. Naturally, whether or not you want to leave something behind for all your children and stepchildren is a personal decision and you can decide what’s best for you.  But if you […]

When you are appointed as the executor of an estate, it is important to review the instructions from the person who created this document.  When you create your own estate, you leave behind instructions for how your property should be distributed when you pass away, but you also nominate a person to administer your estate. […]

It seems like every few months another celebrity is covered in the news with an estate planning mess. With the recent passing of Kobe Bryant, it’s possible that his estate could wind up in a similar situation. Even many people with plenty of reasons to consider estate planning end up putting that process off and […]

If you were under the impression that Medicare will continue to provide for your long-term care needs, including payments to a nursing home, this could be a catastrophic mistake that follows a missed premium due to your long-term care insurance policy.  Not paying your long-term care insurance policy premiums eventually gives that company license to […]