Valentine’s Day seems an ideal time to celebrate your spouse! Let's face it, it's a miracle some of us find a soul mate, a best friend, a partner in crime...whatever you call them. Someone that not only tolerates all your quirks on the daily, but still loves you "for richer or poorer" and "through sickness and in health." I can think of no greater way to celebrate this type of long-term devotion than to take the appropriate estate planning measures with your sweetheart in mind. Like your … [Read more...]
3 Simple Questions to Answer When Passing Along Your ‘Hard’ Assets
Splitting up cash is simple. Splitting an antique vehicle, jewelry, or a vacation home, not so much. If you fail to prepare by answering these three questions, your family could be in for some trouble. To kick-start the distribution discussion, here are three key questions to answer: Just how much is it worth? You must start with the asset's fair market value. Regardless of whether you would like to pass down the asset itself or gain from the sale; this is the basis for any plan. This … [Read more...]
