Death and incapacity are natural parts of the process of life. We are born; we grow up; we may experience incapacity, and we eventually pass away. Along the way, we develop our values and accumulate assets and experiences. Sure, when we die, we want to pass along our assets to our family while paying the least possible taxes, but, what is most important is passing along our lifetime of values and experiences. A new paradigm in estate planning is emerging, Legacy Planning. This allows your … [Read more...]
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How a Pet Trust Can Protect Your Furry Friends
If you have a pet, you know firsthand the bond that can develop between humans and animals. Many of us consider our pets part of the family. But have you considered what would happen to your furry or feathered companion if something were to happen to you? Over 500k pets are abandoned each year due to the death or disability of their owner. These pets could have been protected with just a little planning. It is prudent to include your pet in your estate plan for a number of reasons. First, … [Read more...]
It Can Be Scary to Die Without an Estate Plan…the HORRORS of Intestacy
Many souls believe that if they lack means, they do not need an estate plan. Nothing could be further from the truth. If you die without an estate plan, your assets may not be distributed as you would wish and the results could be downright scary. Read on to learn more. … [Read more...]
Beneficiary Designations: The Hidden Trap
More and more of us recognize the need for careful, methodical estate planning. We prepare our wills and trusts. We labor over who should be guardians for our children and who should be trustees and executors. We decide how and when our children or other loved ones should get what we leave behind. However, all too often people who thought they had it all planned fall into a hidden trap: improper beneficiary designations. Beneficiary designations govern many of our most … [Read more...]
As Time Draws Near
Someone close to you has little time left in this world. What can you do? You want to do everything you can for them. You watch helplessly as they fight what you both know is a losing battle. The doctors have already written the final chapter in the story. You stay with them to brighten their days, helping to bring joy and even levity into their lives. But, you want to do more. Perhaps they are concerned about those left behind. You can help … [Read more...]
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