At first glance, prenuptial and postnuptial agreements may seem to differ in nothing more than their timing: a prenuptial agreement (also known as a “premarital property agreement” or “prenup”) is… Read More
Hobby Assets: Business and Estate Planning Considerations
Though hobbies are often seen as trivial, any category of assets with significant value should be treated as an important part of a person’s estate. Whether your hobby deals with… Read More
The Difference between Financial Planners and Estate Planning Attorneys
People often confuse the roles that financial planners and attorneys hold in the estate planning process. Each has distinct duties and a different set of responsibilities within the estate planning… Read More
Planning for Incapacitation
Estate planning is more than just planning for what happens after death. Though it is less often discussed, planning for incapacitation is essential. It is possible for a person to… Read More
Planning for the Unthinkable
It’s natural to want to avoid thinking about and planning for the worst case scenarios in life. Whether it’s planning for injuries, loss of mental or physical capabilities, or even… Read More
Do You Need Life Insurance?
Cost/Benefit Analysis for Life Insurance Every month some people put money into expensive life insurance policies which they may not need rather than having more money to put into groceries,… Read More
How Does Divorce Impact your Estate Planning?
Most State Laws Protect Spouses’ Rights State laws vary from state to state on the rights of spouses and children following the death of spouse or parent. Most states have… Read More
How Does Debt Impact an Estate Plan?
The downturn in our economy over the past few years had created a situation where people are carrying more debt and a record number of homes are in foreclosure. When… Read More
How Much Money Should You Put in a Trust for Your Children?
Every parent should have a trust to provide for the financial well-being of their children in case some tragedy should make it necessary for someone else to care for their… Read More
What Is Probate and Why Does Everyone Try To Avoid It?
Probate is the legal process of settling a person’s estate. Probate requires a court appearance and can take many months to complete. When an estate is in the probate process,… Read More
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