WHY ONLINE, “COOKIE-CUTTER” OR “CUT-AND-PASTE” ESTATE PLANNING DOCUMENTS ARE A REALLY BAD IDEA

Penny Wise and Pound Foolish

In all but the simplest scenarios, do-it-yourself estate planning is risky and can become a costly substitute for comprehensive in-person planning with a professional legal advisor. Typically, these online programs and services have significant limitations Continue reading

How You Can Build an Estate Plan that Includes Asset Protection

Much of estate planning has to do with the way a person’s assets will be distributed upon their death. But that’s only the tip of the iceberg. From smart incapacity planning to diligent probate avoidance, there is a lot that goes into crafting a comprehensive estate plan. One important Continue reading

Inheriting Money at a Young Age is Never a Good Idea

Whitney Houston’s estate was worth approximately $20 million when she died – plenty to meet the needs of her only daughter – Bobbi Kristina. Sadly, only a few years after Houston’s death, Bobbi Kristina died as well.

Although Bobbi Kristina’s previous boyfriend, Nick Gordon, is still Continue reading

Life Insurance and Estate Planning: Protecting Your Beneficiaries’ Interests

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One misconception people have about life insurance is that naming beneficiaries is all you have to do to ensure the benefits of life insurance will be available for a surviving spouse, children, or other intended beneficiary. Life insurance is an important estate planning tool, but Continue reading

The Difference between Lifetime and Deathtime Planning… and Why a Comprehensive Plan Must Include Both

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According to a March 2017 survey by Caring.com, six out of ten Americans have no will or any other kind of estate planning. Many said they’d get around to it, eventually. When they’re old. (The survey did find that the elderly are much more likely to have some plan in place.) It’s Continue reading

Tools You Can Use to Leave Words of Wisdom to the Next Generation

You come into the world a blank slate, and as you grow, you gain wisdom. You’ve planned your estate to leave physical assets to beneficiaries, so now think about leaving them something that’s just as important but less tangible: the hard-won wisdom you’ve accumulated over your life. Continue reading

3 Decidedly Dumb Ways to Leave an Inheritance for Your Children

3 Decidedly Dumb Ways to Leave an Inheritance for Your Children

 Estate planning offers many ways to leave your wealth to your children, but it’s just as important to know what not to do. Here are some things that are all-too-common, but textbook examples of what not to do or try….

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