Trusts – Myths and Misconceptions about Estate Planning


Trusts are an important part of an overall estate plan, and should not be overlooked For the average investor, setting up a trust with your estate attorney as part of estate planning can make a lot of sense. For wealthy investors, it can be nearly essential. So why then do only 33% of Americans [...]

Trusts – Myths and Misconceptions about Estate Planning2024-04-12T16:07:43-07:00

Estate Planning is For Everyone


Hey there, future-focused friends! Let's dive into the wonderful world of estate planning – the ultimate life roadmap to make sure your dreams and wishes are rockin' even after you've left the stage. Okay, I get it, talking about estate planning might not be as exciting as a rollercoaster ride, but trust me, it's [...]

Estate Planning is For Everyone2023-09-21T20:13:40-07:00

Adding a Personal Backup With a Living Trust


The managers of well-run businesses usually name "backups" to keep things going smoothly -- just in case. That's also a smart plan for your personal finances, where you risk experiencing financial losses or other difficulties if you can't make your own decisions because of a long illness or other unexpected problem. You might prepare for [...]

Adding a Personal Backup With a Living Trust2019-07-25T22:31:13-07:00

9 Essential Estate-Planning Documents


Estate-planning can be confusing...and boring.  Yet, it is a critical part of your financial plan.  This article is from Nerd Wallet. Dying intestate (will-less) leaves your heirs with a potential mess.  And yet, 61% of Americans die without one, says a recent Harris Interactive poll for RocketLawyer, a legal website. In fact, 28% of us would rather do anything than [...]

9 Essential Estate-Planning Documents2016-12-14T17:05:00-08:00

What’s the Best Way to Give Money to Children and Grandchildren?


In 2014, the IRS allows you to give up to $14,000 annually (or $28,000 if you give jointly with your spouse) to each of as many people as you'd like in cash, investments, and/or property without triggering gift taxes. (This limit may be adjusted for inflation in future years.) If you're thinking about giving money [...]

What’s the Best Way to Give Money to Children and Grandchildren?2016-12-14T17:05:32-08:00

Naming Beneficiaries: What You Need to Know


A major issue in estate planning is whom to name as beneficiaries on life insurance policies, pension plan accounts, IRAs, and annuities. This important decision often doesn't take into account the substantial estate and income tax consequences the beneficiary may incur. So before you name a beneficiary, you may wish to gain a basic understanding [...]

Naming Beneficiaries: What You Need to Know2016-12-14T17:05:39-08:00
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