Your Fall “Legal Affairs” Checklist With the fall season approaching, it’s an excellent time to review your affairs. Below is a checklist to ensure your planning meets your needs and is up-to-date: When was your power of attorney last updated?…
If you recently received an inheritance, or are expecting to receive one in the near future, it has likely triggered mixed emotions in you. You have lost a loved one and also experienced monetary gain. Studies show that a third…
Getting a business off the ground is an exciting time. You are at a point of seeing your idea turn into a true reality. But wait. There are a few things that you need to put in place to…
What constitutes a “large” gift can be relative. That being said, if you are considering giving cash or property to someone, a little bit of planning can really help avoid negative consequences. This is particularly true if the gifted amounts…
If you are preparing to send your son or daughter off to college, the last thing you may be thinking about is estate planning for them. While your child may not have any assets (yet), once he or she turns…
Poor estate planning can be a real calamity. Look no further than Dickens’ Bleak House—or a telenovela—to witness the drama inadequate estate planning can cause. While having your estate planning documents prepared is the first hurdle to overcoming these types of…
If you carry debt, do not assume that your death or incapacity will make it automatically disappear. To the contrary, the money you owe may eat away at the assets you were planning to leave to your heirs or --…
2017 is now fading into the rearview mirror. As we all look ahead to 2018, let’s consider a few things to watch regarding estate planning, so you and your family can be completely protected. ● The death tax. The death…
There is a common misconception that estate plans are only for the ultra-rich - the top 1 percent, 10%, 20%, or some other arbitrary determination of “enough” money. In reality, nothing could be further from the truth. People at all…