A Commitment
to Each Client.
In some cases, it may be fairly easy for heirs to identify how to split up financial assets. For instance, maybe you and your siblings were given a will by your parents. It splits all of their finances up equally, so you each get the same portion. But that doesn’t...
No reasonable person creates an estate plan with the intention of making their loved ones feel guilty or undeserving of their inheritance. However, many people do suffer what’s known as “inheritor’s guilt.” Often, this happens when someone receives a large and...
It's beneficial to begin estate planning at an earlier age. However, if you didn't do so, you can still draft your estate plan documents at an older age. It's almost never too late to create a plan, but your experience may be different. Here is what you should know:...
When creating an estate plan, you need to appoint someone who will take your will to probate and ensure your wishes come true. Executors have crucial duties, making them an integral part of your plan. So, do you need to have a close relationship with them? Yes and no....
One of the difficulties of estate planning is being told misleading information. You may need to read this blog post to understand what estate planning facts you’ve been misinformed on. Here’s what you should know: Myth 1: Estate planning is only for the rich Truth:...
Someone who steps into the role of a trustee, as well as those who agree to handle probate proceedings for someone who recently died serve in a fiduciary role. Fiduciaries have a very high duty of obligation to other parties. When it comes to trust and estate...
When one creates an estate plan, they wish to protect their loved ones should they become incapacitated or die. However, in some cases, the protection may not be as smooth as intended. Different factors may lead to disputes, causing loved ones to go to court. If this...
Individuals who have achieved financial stability via smart investments and/or professional success have to think carefully about what they intend to leave for the people they love when they’re gone. It is common for those with significant personal resources to want...
Some individuals with estate plans don’t bother to update them because they assume there won’t be any major changes in their lives. But as the old saying goes, “Tomorrow isn’t promised to you.” Though possessing an estate plan is better than not having one at all,...
When you run your own business, time can quickly slip away from you. Before you know it, the months and years can go by in what feels like a flash. You’re always busy having to think about all the tasks that require your attention. One of the consequences of being so...
