Many Americans perceive estate planning as a one-time chore that, once accomplished, can be filed away until their death. However, without being aware of the potential impact, people will make gifts during their lifetime or change listed beneficiaries on accounts which can have enormous unintended consequences on their will or trust. Review your estate plan […]

Your heirs, including minor and adult children, may not see eye to eye on family circumstances, particularly regarding inheriting your estate. Relationships can change and intensify when you die, with underlying issues that bubble to the surface, creating tensions over your estate and possibly tearing your family apart. Even if your children get along well, […]

What comes to mind when you hear the words estate planning? You are not alone if you think of older people with many assets. It is a common misconception that estate planning is only something done by older or rich people. Estate planning is for everyone, and the earlier in life you start planning for […]

Sibling rivalry. There is no getting around it in most families. Depending on your particular family members and the dynamic between them, old rivalries from the past can become more significant when a parent passes. Adult children who are emotionally upset and in the unfamiliar territory of an inheritance process can invent new problems or […]

The COVID-19 pandemic has increased awareness in the US about the need to have a will and perhaps a living trust more than ever. Still, this knowledge is not translating into estate planning action. No matter your age or asset level, having a will is beneficial. According to a recent survey, nearly 33 percent of […]