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Your estate plan ensures your loved ones are well taken care of when you become incapacitated or die. However, they may not be ready for the inheritance. Research has shown that, at times, people who inherit wealth feel guilty and have other negative emotions...
Estate planning is the process that ensures your wishes for everything from your end-of-life care to the way that you want your assets distributed after your death is respected. It’s a complicated process and many people don’t understand the laws that revolve around...
For the parents of students entering college this fall, you may have a long checklist of to-do items already. It’s possible you are missing one of the most important items, though: Having your child sign estate planning documents. Why is this important? Once your...
If you own a family business, you are most definitely concerned about how you will pass down what you have dedicated your entire life building to the next generation when you die. And this is where business succession planning comes in. Much like estate planning,...
One of the reasons people work hard is so they can leave behind a little something for the people they care about when they die. As such, it becomes an item of great concern when you have doubts about a beneficiary’s ability to manage their inheritance. Let’s face...
As a business owner, you understand the importance of being prepared for any eventuality. You have your finances in order, and you're doing what you can to protect yourself from potential legal issues. But one area that is often overlooked when it comes to estate...
You certainly understand the value of the money that you’re passing down to your heirs. You spent your life creating that wealth. You want it to last for generations. This is a gift that you are passing down, and it’s important to you that it stays in the family and...
Estate planning is not just about planning for your death. Planning for the unexpected, such as incapacitation due to a sudden illness or disease, is equally important. A lot may not work out as you intended if you are ill-prepared for such unforeseen eventualities. A...
Estate planning is key to protecting your loved ones should you become incapacitated or die. Your estate plan will include several documents that will protect your legacy and state your wishes. However, to significantly benefit from it, you should make the right...
When you work hard all your life to build wealth and create opportunities, it is only sensible to want to protect what belongs to you and leave a substantial inheritance for your loved ones. And this is where planning for your asset protection comes in. But what...