Like many people, you have put off estate planning for years. You've finally decided to settle down and do it, but now you're not sure where to start. It all feels so overwhelming, especially as you deal with retirement and other such events.To help you, here are a...
Month: May 2019
Things to consider when selling the business to a child
One way to transfer your family business to one of your children is simply to sell the company to them before you pass away. They take over ownership, and you don't have to worry about suddenly handing them the company at the end of your life.There are benefits here,...
What type of living trust is right for me?
Determining the best type of trust for your unique situation can be challenging if you do not understand all of your options. Different kinds of trusts serve different purposes and are appropriate under different circumstances. However, living trusts are a common kind...
Divorce may change what people leave to their kids
It's no secret that divorce has an impact on estate planning. When your marriage ends, you need to make sure your estate plan does not still leave assets to your ex. You need to update your life insurance beneficiary designation. You need to consider who will make...