In the Kiplinger Morning Consult survey, 73% of parents said they intend to leave the same amount to each of their kids, but just 50% of adult children preferred that approach. In fact, one-third of adult children expect an inheritance to create conflict with their...
"Health care costs today affect wealth transfer tomorrow," a Nationwide article cautions wealth advisors. "Though a great generational wealth transfer is coming, health care spending could diminish what loved ones receive." As they enter their retirement...
"Less stress leads to better sleep, improved health, and a greater sense of security. And, at its core, estate planning is about reducing stress", North Carolina estate planning and elder law attorney Greg McIntyre observes. "While most people associate estate...
Last week in our Geyer Legal blog, Cara Chittenden talked about the advantages of having family conferences which not only allow younger family members meet the members of their parents' advisory team, but also allow the parents and grandparents to openly share...
Nowadays, it's easy to customize everything from apparel to coffee mugs and water bottles. But, as we well know at Geyer Legal, one area that simply cannot be customized is estate planning. Every individual, every parent and grandparent with whom we meet, represents...
Getting more specific in your estate plan prevents family disputes and ensures your exact wishes are met, an article from the Indiana University's Office of the Vice President & General Counsel points out. "Getting more specific" means replacing broad categories...
"Before assets reach children or charities, they most often move to a surviving spouse," Erica Ellis, J.D. reminds financial advisors."Women will control a growing share of wealth in the coming decades, driven largely by longevity, Ellis reminds readers of Financial...
"Wine and investing are more similar than you think", Bryce Sanders tells financial advisors, suggesting they use wine-related analogies to create "aha" moments in conversations with their clients. Interestingly, several of the analogies Sanders mention apply to the...
"Before assets reach children or charities, they most often move to a surviving spouse," Erica Ellis points out in Financial Advisor Magazine, urging financial advisors to establish relationships with both spouses. "The moment of transfer" (after one spouse has...
"Survey reveals Americans' increasing openness to new methods of burials," Tanya D. Marsh, a professor at Wake Forest University explains in an Indianapolis Star piece. Of the six legal methods of disposition of human remains (cremation, casket burial, green burial,...
