While valuations aren’t out of hand now, offers may climb as competition heats up. Your business is likely an inherent part of your life. The decision to part ways with your business is complicated. It can't be easy to hand over your life's work. Nevertheless, there comes a time when…
Finally your will is finished, and you can sleep soundly knowing that your heirs will receive the assets that you intend. Right? Not necessarily. If you've got a will, you may feel like you are all set when it comes to your estate plans. But does your will have a…
The question of which investment accounts you should tap first in retirement can often be a tricky one. But it gets even trickier if your goal is to leave money to heirs. How do you balance retirement with your estate planning goals? After all, even if you plan to leave it all…
Here are three factors that your clients should consider when making this important decision. How do you make sure you leave the trust in the right hands? Picking a trustee can be a very difficult task. It is not the same as crafting words to paper – ink is cheap…
Caring for children with special needs can require a lot of financial and logistical planning to ensure they're experiencing the best quality of life possible. There is much thought and planning that goes into caring for a child with special needs. And that planning should go beyond your lifetime, just…
Not only can dementia lead to poor financial decision-making; it can also make sufferers susceptible to financial fraud. You cannot predict whether or not you or your spouse will develop dementia later in life. But because dementia is such a real possibility to face for many Houston households, it is…
"We say to people: 'If you do nothing, your money will go to the state. Is that what you want?' That's enough to make them want to consider something else," says Andrew Russell, a certified financial planner in San Diego. If you have no spouse or children, you may feel…
So how do DAPTs work in a marriage to protect assets? Do they need to be set up before the marriage? Can they be set up during the marriage? Marriage might be that last step in bringing two people and two lives together. Nevertheless, that moment often causes one to…
[Dr. V.J. Periyakoil] and her colleagues wanted to learn more about the attitudes of young doctors toward advance directives. So the researchers asked what choices they would make for themselves if they were terminally ill. How do people make their end-of-life decisions? Everyone varies medically, intellectually and culturally. In addition,…
It’s not that there are different estate-planning tools for each sex. But women are likelier to live longer, they’re likelier to be custodial parents and, speaking generally, women often approach the topic differently than men. Do you think estate planning for women is different than it is for men? Gender…