You couldn’t be blamed for thinking a safe deposit box is the best place to store estate planning documents; after all, the name suggests that it’s a pretty safe place. However true, “safe” should not be your only criteria in determining where to store your estate planning documents. Accessibility is just as important…and therein lies…
You may be in the sandwich generation if you find yourself caught between taking care of your aging parents and your children at the same time. Understandably, it causes significant financial strain and burden when you have to take care of everyone. More than 1/3 of parents who have kids between the ages of 8…
The task of finding an estate planning attorney may seem daunting and difficult to think about. The whole process of estate planning, in fact, may feel daunting—it forces you to contemplate the delicate financial matters that will arise upon your death. However, those financial matters are important, thus it is even more important to make…
So much of the financial advice we live by has been around for decades—and is rarely questioned. But times they are-a changing. Maybe we need to ask some questions: How much savings do I need? What portion of it should I invest? What about my retirement funds? Below are some pieces of common financial advice…
With an ever-growing list of day-to-day responsibilities, being a parent is hard—never mind being a single parent! It’s hard enough to find the time to go grocery shopping and take a shower. Carving out time not only to think about what would happen to your children should you become incapacitated or worse but to actually…
Modern family structures are ever more complex. It is increasingly the norm for parents to separate and remarry, bringing step- or half-siblings into the mix. Expectations around monogamy are challenged by contemporary values, and wider acceptance of non-traditional sexualities has led to an expansive idea of what counts as family. Add to this the ugly…
You’d think that only the seediest of human beings would prey on the elderly and, though you’d be right, you’d be surprised by how many are willing to sink to such lows. Every year senior citizens in the U.S. lose billions to scammers, the vast majority of which work through digital and phone networks. For…
Congratulations! If you are reading this article you are likely among the minority of U.S. citizens who has an estate plan. While worthy of a pat on the back, having a plan is only the start of responsible asset management. Once you’ve gotten the ball rolling, you now need to keep it on course with…
There are certain topics we avoid talking about with our parents—and estate planning is one of them. Asking your parents about their retirement finances and what will happen to their assets after they die is not only uncomfortable, but it can make you sound greedy, or even scheming. The discomfort isn’t just on the child’s…
Are you single and think that having an estate plan is unnecessary? Or maybe you just never thought about planning your estate at all? Even if you are unmarried with a significant other, there are still advantages to having a solid estate plan in place. As you get closer to retirement, it is a good…