The coronavirus pandemic has been a reminder of how quickly our lives can change. Seemingly healthy people are being afflicted with this virus, leading to untimely deaths and heartbroken families. These monumental and shocking events should be prompting us all to think about whether our estate plans are up to date. Normally, for estate planning,…
A few months ago, even the most embittered pessimist couldn’t have imagined hundreds of thousands of Americans losing their parents or guardians and their jobs at the same time. No one should have to navigate both bankruptcy and bereavement…and yet, here we are. As the Coronavirus pandemic spreads globally, all a person can do is…
Any good parent aspires to teach their children self-responsibility, good decision making, and the ability to plan for adversity—among many other things. Until a child has flown the nest, it rests on the parent to act as a backstop and guide. That being said, it’s so important that parents coach their children through the drafting…
At this point, you don’t need to be reminded of the events of the present. If there were ever a wake-up call to get your estate plan in order, recent news is it. Planning for the future is especially critical if you are a business owner or CEO. First Steps to Asset Protection Generally, it…
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…
While people worldwide—and especially the millennials among us—mourn the death of Luke Perry, meager solace exists in knowing that those closest to the Beverly Hills 90210 star need not worry about fulfilling his last wishes. Unlike two thirds of adults, Perry had put his estate in order before his tragic and untimely passing. Ask any…