Posted in Estate Planning

Talking with loved ones about estate planning and inheritance can be challenging, especially as it centers around two taboo topics — money and death. But talking with your adult children about their inheritance can provide significant advantages for you and them. It can help your heirs better prepare for the future and give you a chance to explain the reasoning behind your decisions. Here’s a look at the importance of discussing your estate plan with your kids and how to…
Continue reading It’s Time to Have “The Estate Plan Talk”

What is it about spring that always motivates us to get organized around the house? Getting your financial household in order is equally as important. It is a good time to create or update your estate plan. That includes such essentials as a will or trust, a living will, durable powers of attorney, a letter of intent and beneficiary forms. We know it is easy to put it off. It may not seem like an urgent need, but you never…
Continue reading What is the State of your Estate Plan?

Since Bill and Melinda Gates and Warren Buffett created the Giving Pledge in 2010, more than 200 of the world’s wealthiest individuals and couples have committed to giving the majority of their wealth to philanthropic or charitable causes. Although the Giving Pledge only invites billionaires to join, “it is inspired by the example set by millions of people at all income levels who give generously — and often at great personal sacrifice — to make the world a better place.”*…
Continue reading How to Give Like a Billionaire When You Don’t Have Billions to Give