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Estate Planning

Estate Planning

Talking to Your Heirs About Your Estate Plan

They should not be left ill-informed or unaware. Talking about “the end” is not the easiest thing to do, and this is one reason why some people never adequately plan for the transfer of their wealth. Those who do…

Estate Planning

An Estate Plan or a Wealth Transfer Strategy?

Basic estate planning documents may not communicate your intentions. There are three degrees of estate planning: advanced, basic, and none at all. Basic is better than none, but elementary estate planning can still leave something to be desired. While…

Estate Planning Videos

A Primer for Estate Planning

Things to check and double-check.     Estate planning is a task that people tend to put off, as any discussion of “the end” tends to be off-putting. However, people without their financial affairs in good order risk leaving…

Estate Planning

Who Needs Estate Planning?

Why it is so important and not just for the rich. You have an estate. It doesn’t matter how limited (or unlimited) your means may be, and it doesn’t matter if you own a mansion or a motor home. …

Estate Planning

Updating Your Estate Plan

When should you review it? What should you review? An estate plan has three objectives. The first goal is to preserve your accumulated wealth. The second goal is to express who will receive your assets after your death. The…

Estate Planning

Tips for Teaching Kids About Family Wealth

Oscar Wilde is famously credited for the phrase, “A cynic is a man who knows the price of everything but the value of nothing.” While the-ultra-wealthy are generally clear on both price and value, money cannot buy everything—particularly if it’s…

Estate Planning

Is It Time for an Estate Plan Checkup?

If your relationships have changed, you may need an update. (Via Time.com / Tracy Craig / Jan 20, 2016) — I hate to be the one to break it to you, but creating an estate plan isn’t quite enough.…

Estate Planning

Reasons to Revise Your Estate Plan in 2016

If you have an estate plan in place, you’re in the minority: 51% of Americans age 55 to 64 don’t even have a Will, according to this survey. But having an estate plan doesn’t mean that the job of protecting your family’s future…