Estate Planning for Blended Families is crucial to prevent problems. Family 40% of all married couples are a step couple, where at least one partner has a child from a pervious relationship. Estate planning can be complicated enough, but mixed families or blended...
Using Local Insight And Legal Know-How
To Protect Your Interests
Month: November 2016
Successor Trustee: 5 Mistakes Successor Trustees Make and How to Prevent Them
The Trustee has a challenging job that is often made more daunting by family relationship or the complexity of the trust. When establishing a trust, you need to give serious thought to choosing your successor trustee—the person who will administer your trust once...
Is a Financial Plan Enough?
A financial plan and estate plan should work together! Why Experts Say You Need an Estate Plan, Too If you want to leave a robust financial legacy for your family, a financial plan alone is like trying to guide a boat with just one oar. It’s only part of the big...
Are you avoiding your Estate Plan?
Estate Planning: 3 Reasons We Run the Other Way We understand that it feels hard to get around to estate planning; it sounds about as fun as getting a root canal. However, we also understand that we all want to make sure that our loved ones are protected and receive...
Did you include your grandkids in your will?
Grandchildren Estate Plan: 5 Tips to Avoid Common Problems As we build wealth, we naturally desire to pass that financial stability to our offspring. With the grandkids, especially, we often share a special bond that makes us want to provide well for their future....
Estate Planning 101
When you are starting your estate plan, there are a couple of things that you need to think about. The most important question is what is your goal? Or put a different way: what do you what to accomplish with your estate plan? After you have answered this question,...
What To Do After a Loved One Dies
Administration of a loved one’s estate or trust. If you’ve been appointed an personal representative of a loved one’s estate, or a successor trustee, and that person dies, your grief – not to mention your to-do list, including tasks ranging from planning the funeral,...
Tips for Personal Representatives
A Tip for The Overwhelmed Personal Representative While it is an honor to be named as an the personal representative of a will or estate, it can also be a sobering and daunting responsibility. Being a personal representative requires a high level of organization,...