Monthly Archives: February 2022

Getting married as an older couple may have it’s benefits for the relationship, but there are many financial things that can complicate matters and should be carefully considered before saying “I do.” Couples over the age of 50 have many … Continue reading →

Family-owned businesses normally experience conflict, and sadly its normal for those businesses and families not to have a formal management structure with standard practices and policies. Instead, families and family businesses tend to go with an informal management style, which … Continue reading →

There are several benefits to having a revocable trust. With a revocable trust, often called a Living Trust or a Loving Trust, you can place property and assets into the trust, and if you decide later, you can remove the … Continue reading →

Why Asset Titling is so Important with Estate Planning When reviewing or putting together an estate plan, there are so many documents and items to review and things to do that it can be overwhelming. Many don’t understand how the … Continue reading →

There is nothing more frustrating and worrisome for family members and friends mourning over the death of a loved one, then the additional travail of trying to decipher and predict the deceased wishes. There are many decisions to be made; … Continue reading →

A few weeks after the New Year celebrations have finally ended is a great time to create an estate plan or review the one you already have. This type of resolution may not sound very exciting, however it is very … Continue reading →

Many problems surface due to inadequate estate planning. Certain precautions need to be taken when leaving a large estate, especially if it is all being left to one person. The pressure of receiving a large sum of money outright can … Continue reading →

We all hope we’ve planned well enough to have sufficient funds for retirement by setting up IRAs, 401(k)s, or pensions, but what happens to assets leftover after death? Inherited retirement accounts can be subject to harsh taxes if not set … Continue reading →

Often times in first marriages, neither party has children yet so estate planning and beneficiary designation is easy. Many people will choose to leave their funds to their lasting spouse after death and then whatever is left over goes to … Continue reading →

A living trust must be tactfully designed in order for it to fulfill your intentions. If mistakes are made, the benefits you hoped to provide after death will subside. Here are some things to look out for to avoid a … Continue reading →