Estate planning is a difficult endeavor by itself. Discussing your estate plan, though, adds another layer of complexity to the process. While you may want to address its terms with your children or other loved ones, you might fear their responses. But explaining your...
The recent COVID-19 pandemic has made many of us think about our mortality and how to make sure our loved ones are taken care of especially if we die unexpectedly. Life insurance can be an affordable way to provide for our children, a spouse, a sibling, aging parents,...
As you revise your will, you may want to reconsider some of its provisions. Since its beneficiaries will receive your assets in probate court, you will want to ensure a smooth disbursement process. Yet, you may sense potential for conflicts or challenges between them,...
The CARES ACT relaxes rules for retirement plans and IRAs in four main ways.
By Cara M. Chittenden The sudden rise of the coronavirus, COVID-19, has left many unprepared and confused. There are numerous reports of shortages of antibacterial hand sanitizer, disinfecting wipes, and even toilet paper. While we can’t predict when something like...
Estate planning for business owners avoids costly disputes and pain later on. Goals may include keeping the business within the family or selling the business as part of a retirement plan.
While all couples can benefit from estate planning, same sex couples have special situations that require additional attention.
Estate plans are not complete the first time you draft them. They are suitable for the present, but after three years or so, it is time to take another look. Your life can change in an instant. Life events can alter the nature of how your estate plan should be....
By Cara M. Chittenden Many people think that estate plans are for someone else, not them. They may rationalize that they are too young or don't have enough money to reap the tax benefits of a plan. But as the following list makes clear, estate planning is for...
If you are not married, you might not think that making an estate plan is a priority for you. This may be especially the case if you are young and have no children. However, the reality of the matter is that anyone can benefit from some form of estate planning. In...
