Families are seeking ways to save for college because the cost of higher education is rising each year. One option is a 529 plan. These investment plans allow families to put money away for a child's future education expenses and…
In order to build lasting wealth over multiple generations, careful planning and patience are required. Without specific plans to create and transfer your legacy, statistically, 70 percent of wealthy families will lose that wealth in the subsequent generation, and 90…
It is unlikely that most parents think of dying or becoming seriously ill or injured when they are young, but it is still possible. This is why we pay for medical insurance, disability insurance, and life insurance. Even though many…
During the COVID-19 pandemic, our lives were transformed in unprecedented ways. From remote working and online schooling to virtual doctor consultations and contactless deliveries, technology enabled us to adapt and continue functioning while practicing social distancing. Estate planning attorneys also…
The topic of death is uncomfortable for most of us and we avoid it as much as possible. Since we don’t want to talk about it, many of us don’t make plans for what we want to happen before or…
Your estate plan may need to be reviewed and amended annually to keep up with the complex and ever-changing federal estate tax law, gifts, and GST exemptions. Since 2018, federal tax assessment on estates above $11.7 million, indexed for inflation…
Disease, injury, or illness can cause some people to lose the ability to communicate their wants and needs. When this happens, they need someone they trust to advocate for them. You can prepare the proper legal documents in advance. Losing…
It's uncomfortable to think about death, especially our own. Add to that the question of what will happen to our assets after we die and it's no wonder, so few people have created wills. According to a 2021 Gallup poll,…
It was only thirty years ago that a traditional family consisted of a husband and wife who married young, bought a house, had children, and worked toward financial security and stability. As family structures have changed, so has the practice…
In the US and around the world, the aging population is growing. People are living longer than previous generations, which means they will require more long-term care. It’s estimated that seven out of ten Americans will need long-term care during…