Life insurance in estate planning can help provide flexibility and manage taxes, but many are yet unaware of it. As much as estate planning is meant to help you conserve and manage your assets while you’re alive, it is equally crucial to conserve and control the distribution assets after your death. Here are a few […]
Using Life Insurance in Estate Planning Read More »
Failure in estate planning and communication is one of the major reasons why small businesses fall apart. Yes, this is how important estate planning is. Small business owners need a strategy for managing personal assets and determining what will happen to their business in the long term. What if you are not around your business
3 Estate Planning Strategies for Small Business Owners Read More »
Once you have decided who receives your property when you pass away, the next crucial step is determining who should be the trustee of your will? The answer may seem easy, but trust me, it is not. You are sitting there with your lawyer discussing how things will go after your death and who should
Who Should be the Trustee of Your Will – 3 Key Considerations Read More »
It is crucial to have an up-to-date estate plan because too many people overlook the need for it. Some others, however, do the bare minimum. Sudden death or incapacity is an unfortunate but bitter reality. And that calls for an efficient and well-crafted estate plan. An experienced estate attorney can help you with all your
What is Asset Location and How Does it Matter in Estate Planning? Read More »
Having a sound estate plan in place is an empowerment to make your own choice about your future while also securing the future of your loved ones. You would never want to be among those who pass away without adequate planning, and then their assets end up tied in costly legal battles. Whether you have
3 Reasons Why Everyone Needs an Estate Plan Read More »
Do you have an estate plan in place? If yes, congratulations! Why did I say that? Because 51% of the Americans think they aren’t old enough to have a will. But Martin Oines, CFP ®, CTFA, Trust Officer have something else to say, “People at every age should put together an estate plan that fits
5 Important Elements to Revise in Your Estate Plan After Your Children Age Read More »
Researchers indicate that the aged population poses a higher risk of contracting novel coronavirus. Unfortunately, the case is no different for other residents of nursing homes as well. These are individuals living with health challenges, such as respiratory illness or kidney disease. Apparently, certain conditions of nursing homes have contributed to making it a coronavirus
The Vulnerability of Nursing Homes to the Coronavirus Read More »
The year 2020, plagued by COVID-19, has exposed all of our vulnerabilities to disease and death, regardless of age, gender, and socio-economic class.
Sound Like a Broken Record in Estate Planning? Read More »
Whether you need a living will vs. living trust as part of your estate plan depends on your overall financial situation and goals. However, it’s helpful to consider the advantages of including one or both in your planning efforts.
Is it Better to Have a Living Will or a Living Trust? Read More »
Sophisticated analyses take into account the tradeoff of receiving no income during the deferral period and more income later in retirement.
How to Maximize Social Security Benefits Read More »