Do you like your nosy neighbors keeping tabs of your business? Do you want them knowing how much money you left to your kids? Do you want Aunt Fern knowing that you left money to your favorite uncle but not to her? If you leave only a will, it will all be a matter of public record. Your neighbors, your relatives, your co-workers, telemarketers, and even more nefarious individuals can just walk right into your local court house and ask to see your file after you have … [Read more...]
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Complete Asset List is Essential
A complete list of your assets is the essential starting point in making any decisions about those assets, whether financial portfolio decisions, or estate planning decisions. Without a complete list of your financial assets, a financial planner cannot know how to change your assets to achieve the proper asset allocation to meet your risk, return, and diversification objectives. Without a complete list of all of your assets, your estate planning attorney cannot advise you with regard to … [Read more...]
What You Should Know About Seminars on Wills & Living Trusts
Have you ever been invited to an estate planning seminar to learn about wills and living trusts? You might have been hesitant to attend, fearing you’d be faced with a “hard sell” or asked to spend lots of money for services you don’t really need. Or you might have wondered why you should go to a seminar when you could just search for estate planning information online. Avoid Information Overload Estate planning is a complex topic, and it can involve abstract concepts that are only familiar … [Read more...]
Planning After a Breakup
Nobody plans to break up. When a couple marries, they dream of their lives together and the special times which they will share. They think of the shared holidays and the family which will grow from their love. Their lives become intertwined emotionally, financially, and legally. But, as often attributed to John Steinbeck and as adapted from Robert Burns’ To a Mouse, “even the best-laid plans of mice and men often go awry.” When the arguing becomes too frequent, the emotional bond between … [Read more...]
Is Estate Planning for Me?
Many people think that estate planning is just for other people. Here are some common misconceptions: Whether you are single or married, with or without children, young or elderly, estate planning can help you get the most out of life while preparing for the possibility of incapacity or death. An estate planning attorney can help you choose the plan that is right for you. Morrison Law Group, PLC has devoted its practice to estate planning and elder law matters for more than … [Read more...]
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