Shortly after the beginning of the pandemic, I noticed a dramatic increase in the number of business inquiries coming into the law firm. It seemed like people who had been able to put their estate planning repeatedly on the back burner could no longer bring themselves to do so. Too many people were dying, and […]
Category Archives: Non-traditional Family Planning
Leaving Money to Your Nieces and Nephews – Read This First
Picture this scenario…
You’ve worked hard, saved and managed to accumulate some wealth.
You’re not a robber baron by any means but you’re comfortable. Your siblings haven’t fared as well and you want to make sure that their children have the benefit of a solid higher education. With no children of your own, it seems the right thing to do.
What does this have to do with estate planning?
Nothing. I just like it.
So you set up 529 college education savings plans for your nieces and nephews, make them the beneficiaries, and mention everything in your will.
Put Your Financial House in Order with These 5 Essential Tasks
If you’re like most parents I know, the “To-Do” list below is going to be a little tough to tackle in the midst of Back To School craziness but I hope you’ll take a look and consider checking a few things off when you have time. You’ll gain peace of mind while you confirm that your financial house is in order.
Tips for Sharing the Role as the Family CFO
A Letter to An Ex-Spouse About Estate Planning
Below is a fictional letter I drafted to anyone’s former partner because I know only too well what can happen when estate planning is not done properly. I hope you enjoy this outreach to an ex-spouse or partner and consider taking steps to do everything this letter suggests for yourself. You can even send the […]
