According to recent reports on the financial situation that American college students face, it's not looking too good for them. They have in excess of $1 trillion in debt. While not all of that debt comes from student loans, they're the main issue.It's an astounding...
Month: February 2019
Women live longer than men: Get your estate plan in order
While both men and women need to do proper estate planning, it is especially important for women because they tend to live longer than men. This means that the odds are higher that the last surviving spouse in an opposite-sex marriage is going to be the woman. Even if...
Get your children involved in your company early
With your business, passing it down in the family has always been your plan. You built this for them. You want to do more than just provide for them when they're young. You want to give them a way to earn and find financial security for the rest of their lives. Now,...
What to know about estate planning in a digital world
The internet revolutionized how we store our valuables; instead of photo albums or safety deposit boxes, we save our family photos on Facebook, and our bank information is encrypted online.It makes sense that the digitalization of everyday life affects how adults plan...
6 things you may need in your estate plan
Your estate plan probably starts with a will. It's the most basic document expressing what you want to happen with your estate after you pass away.However, some people make the mistake of assuming that this is all they need. The reality is that this is just the...
The types of irrevocable trusts
Are you considering creating a trust? There's a lot that goes into drafting and funding a trust. As a trust grantor, you will need to understand how the law governs trusts. You need to determine who the beneficiaries of the trust will be, what resources you want to...
