You’ve worked hard to get your estate plan in place. The appropriate documents have been created and signed. You’ve named the person who’ll carry out your final wishes. But have you completed the final piece of the estate planning puzzle? If this last piece is in place, it will...
No matter your belief structure, or whether you’re reluctant to admit your own mortality, it’s a fact that none of us will live forever. And since no one knows if their demise will happen quickly or be proceeded by a lengthy illness, it’s good to be as prepared as...
Tom
Petty is in good company, not just as a rock-n-roll legend, but as another star
whose estate is in turmoil. The plethora of lawsuits are Free Fallin’ as
Petty’s wife, Dana, and the two daughters from a previous marriage, Adria and
Annakim, fight over control of the $95 million he left behind.
Unlike
Aretha...
Nobody has a crystal ball, but it’s certain that the American landscape is changing and the change is driven by the Millennial generation. Millennials are changing attitudes, workplaces, work ethics, what’s acceptable and what’s not. They’re driven more by technology than relationship. They see things from a different perspective...
“So, who do I want
to get my IRA? My spouse? My kids? But I don’t want to leave out the grandkids.
Oh, I’ll just fill it in later.”
You’d
be surprised how often that mental conversation goes on when someone is looking
at the beneficiary section of their IRA application. And for most,...
When
naming a beneficiary for your IRA the number one choice is a spouse, a child,
or a relative. There’s something in our DNA that wants to make sure our money
stays in the family if possible, and that’s certainly understandable. But if
you’re looking at the bigger picture, the financial planning picture,...
Estate planning. It’s not one of
the most pleasant topics because you have to admit your own mortality. But, for
people who want to take care of their loved ones, estate planning is essential.
Without a plan, distribution of your estate will be determined by a court or a
bureaucrat—probably not the way...
