Estate Planning

Creating a last will and testament is important for every adult. It doesn’t matter whether you’ve accumulated many assets, or barely own anything. A will is especially important if you have children, and extremely important if they are still minors. However, studies repeatedly show that less than half of people have a will of any […]

When it comes to estate planning, there are plenty of important things to consider. While it’s always important to have a will, there are other methods to pass down your accumulated wealth to your heirs. One of those methods is via a trust. You may think that trusts are only for the extremely wealthy. After […]

When my friend’s grandmother passed away about ten years ago, she left a small legacy for each of her six grandchildren. It was a surprise to my friend, since her grandma had constantly warned not to expect any inheritance since she was dead broke. She talked about it so often that even I knew about […]

Some people worry that offering financial help will enable irresponsible family members. On top of that, complicated tax laws can make the whole process much more complicated than it needs to be. Who wants to give their kids money knowing that Uncle Sam is going to demand a chunk of it? That’s why financial gifting […]