Category: Estate Planning

Starting a new job is exciting, but your company’s onboarding process can feel overwhelming. Choosing health and retirement benefits and filling out tax and beneficiary forms can be confusing. Read on to learn how the results of your choices during the onboarding process with your new employer can have serious impacts on your future. Beneficiary Designations Beneficiary designation […]

Congratulations on your new role. Stepping into a new position marks an exciting and important chapter in your life. As you navigate this transition, our team is here to protect your future through comprehensive financial and estate planning. Ensuring that you have the following items in place can set you up for success. A comprehensive budget. Whether this […]

The Great Wealth Transfer, a broad term for the largest transfer of wealth from older generations to younger ones through inheritances and other financial gifts, is underway.[1] But that does not mean that every heir will receive a share. Some may miss out on an inheritance because their parents spend down their savings, while others may make the […]

Having an estate plan, even an imperfect one, is usually better than having no plan at all. But an existing plan can still have serious flaws that defeat its overall goals or objectives. A plan based on misperceptions, including the idea that estate planning must be perfectly timed, can be nearly as problematic as putting off planning altogether. […]

Your family may need access to important information at a time when you cannot explain where it is or how to find it. Bank and investment accounts, insurance policies, medical information, estate planning documents, property records, and online accounts may all be stored in different places, including email inboxes, cloud accounts, and personal devices. A digital vault provides […]

When a family owns a property with significant financial or emotional value, deciding its future after the owners pass away can be complex. One family member may hope to keep the property in the family, while others might prefer to receive their share of the inheritance in cash or other assets. A right of first refusal (ROFR) can […]

  Retreating to a warmer climate for the winter may sound like an ideal way to spend a few months. To help make this dream a reality, some individuals choose to rent out their second homes when they are not in use. Before listing your property for rent, however, consider the financial, legal, tax, insurance, and practical responsibilities […]

  For many snowbirds, cooler weather means it is time to head south. If you are thinking about heading for warmer weather this winter, there are a few things you should consider before hitting the road.  Which state do you consider your home?  If you split your time between two states, it is important to understand the distinction […]

  As adults, we rarely face a multiple-choice exam or a pop quiz. The tests that come our way tend to be real-life ones: moments that reveal how prepared we actually are for the unexpected. That is how your estate plan is supposed to work. The true test of your plan does not arrive in your attorney’s office […]

  A parent dies, and something about the paperwork does not sit right—a will changed late in life, a trustee who has gone quiet, a caregiver who ended up with more than anyone expected. Family members face a choice: Let it go or take the fight to court. Before choosing either path, families should understand what estate litigation […]