As social trends continue to change, the typical age of a first-time mother keeps getting older. This can have a big impact on estate planning for those who have children later in life.Over the last two decades, per the Pew Research Center, the number of mothers who...
Month: March 2019
The big reasons why life expectancy keeps falling
It seems like every generation should live a bit longer than the last, right? We invest so much time and money in technology, medicine and related fields. We understand the human body in ways people couldn't fathom not that long ago. Many medical technologies that...
Protecting assets during divorce matters for financial stability
Nobody wants to lose their financial stability after their marriage fails. Reliable financial income is crucial to overall peace of mind and personal well-being. The transition from marriage to divorce is not always easy when large financial shifts are made,...
Does birth order matter in business succession?
Business succession planning gets complicated when you have multiple children. Who wants to be involved? Who deserves it? What is best for your company? What is best for your family? These are just a few of the questions you have to ask yourself.One other thing you...
Giving the kids money now could massively change your estate plan
Estate planning involves, among other things, determining how to leave your money to your children. When you pass away, your wealth goes to them. You simply need to figure out the best way to do it.But what if the children need that money now? Giving it to them in...