Not having a spouse makes it more important for singles to plan to protect themselves from a legal and financial standpoint. Everyone should have a plan in place for incapacity, affirms fox5atlanta.com in a recent article, “Estate, emergency planning for single people.” This is especially true for singles. While married…
Having a will prepared is a gift of kindness to your loved ones. They will appreciate the effort to care for them, after you’ve passed on. If you need another reason to have a will prepared, consider the potential for conflict among loved ones who will have to guess about…
Estate plans are as individual as the families that they are created for. Blended families need estate plans that address their own dynamics, including the resources and children that each spouse brings to the new family. Blended families who marry, when children are young, are different from those who marry…
Without a will, decisions about your life, property and children will be made by someone who does not know you or your family. With a will, you have the ability to express your wishes. You need a will! Having a will is not just for wealthy folks, who need to…
Use this checklist to be certain that you and your finances are properly prepared for retirement. According to The Center for Retirement Research at Boston College, 20% of Americans are wrong about when they’ll be able to retire. That also means that 80% have it right—which group do you belong…
Before he died, the owner of the New Orleans Saints and Pelicans gave millions of dollars of property to his daughter and her children, but they were not included in his last will and testament. The last will of multi-millionaire Tom Benson, who owned several professional sports teams and other…
Remember to update your estate plan, especially if your life includes events like new kids, a new marriage or the death of a loved one. If you love your family, you’ll keep them in mind when considering whether to make an appointment to update your estate, as you go through…
Planning your own funeral sounds morbid, but if you think of it as a gift that alleviates pressure and decision making for your loved ones during a very difficult time, it might make it easier to move forward. Usually the call comes to the estate planning attorney from a child…
Estate planning is not just for people who live in mansions. Quite the opposite! Everyone needs to have an estate plan to protect themselves while they are living and to protect loved ones when they pass. Having an estate plan can eliminate confusion, expensive delays and overall bad outcomes, according…
It may sound whimsical, but the moment you open a business is also the time to start thinking about how you’ll exit the business, whether you intend to sell to a partner, leave the entire business to a family member or sell as soon as you come up with the…