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Estate Planning for Beginners Part 5: Guardians of Minor Children
Quite often, an individual or couple’s decision to finally create an estate plan is motivated by a strong need to ensure that their minor children will be protected and provided for. This kind of planning for young children often begins with choosing the person or...
Estate Planning for Beginners Part 4: Healthcare Documents
Thus far our “Estate Planning Basics” series has focused primarily on financial documents, but the documents pertaining to your health care are an equally important part of any estate plan. The most important healthcare document in your estate plan will be your...
Estate Planning for Beginners Part 3: Powers of Attorney
Once you are secure in the knowledge that you’ve provided for your family and ensured that your wishes for the distribution of your hard-earned fortune are clear, it’s time to take steps to ensure that YOU will be protected and financially secure during your lifetime....
Estate Planning for Beginners Part 2: Trusts
We’ve said it before on our blog and we’ll say it again: It doesn’t matter whether you’re a billionaire business executive or a teacher with a modest salary, it doesn’t matter whether you’re the patriarch of a large family or a stay-at-home mom of a newborn, a...
Estate Planning for Beginners Part 1: Wills
Every new project has to begin somewhere, and most newcomers to estate planning choose to begin with a will. A will is the most well-known of all estate planning documents, it is generally the simplest and easiest to create (although some wills can be very lengthy and...
New Service Makes It Possible to Speak from Beyond the Grave
Séances, hauntings, ghost stories—we’ve come up with a number of varied and questionable ways to keep in communication with our loved ones after we pass away, but now there may be a way to actually do it: a new service called “P.S. I Love You Letters.” According to...
The Entrepreneur’s Guide to Retirement
Everyone knows that entrepreneurs and small business owners often march to the beat of a different drum. After all, in order to start (and keep) a successful business you have to have a somewhat different and dynamic way of looking at the world and its possibilities....
Even the Most “Normal” Families Require Special Estate Planning Consideration
Many people would like to think that estate planning is a piece of cake: choose your beneficiaries, write up a simple will, and voila - you’re done! The truth is that while estate planning can sometimes be achieved with this amount of simplicity, most of the time...
Take Advantage of Tax Law Changes and Give Grandkids a Head Start
We’ve recently seen a number of news stories with disturbing figures about the rising cost of college education, and the growing inability of graduates to pay off the debt they incur from student loans. In fact, recent studies reveal that student loan debt now exceeds...
Estate Tax Calculator May Provide a Peek into the Future
Everyone who kept up with the recent changes in the estate tax laws—and the flurry of speculation, news stories and blog posts that came with it—knows just how important estate taxes are to estate planning. Although we make it clear on our blog that estate planning...
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