An awkward part of estate planning is telling your kids how much — or how little — they’ll get. Here’s how a financial planner can help. For clients, one of the most stressful aspects of estate planning — already an emotionally difficult process — is the prospect of telling heirs what they plan to […]
Read More »Inheritance Stolen after Social Media Posts Made about It
While many people prefer to keep their financial affairs private, there are others who have no problem letting the entire world know about them. One young man in Philadelphia is learning the hard way that it is not a good idea to let the world know about your inheritance on social media.
Read More »New TV Show about Inheritances
Some bequests are quite unusual and a new television show seeks to highlight how those who inherit unusual items handle them.
Read More »What Documents Do You Need to Find After a Loved One Dies?
After a loved one dies, you need to gather the important documents that are necessary to settle their final affairs. While the documents required will vary depending on what your loved one owned and owed, below is a list of common documents you will need to find:
Read More »Blowing An Inheritance
People often fear that leaving large sums of money to their relatives will result in those relatives blowing the money on things they do not need. A recent case in the United Kingdom demonstrates that this is not an unfounded fear. Euan MacAndrew, a 24-year-old, was left an inheritance by his grandfather that amounted […]
Read More »Don’t Leave Your Estate Planning To “The Beaver”
Today’s families are a lot different than Ward and June Cleaver. There are more families today with non-traditional situations than ever before. It is very common in my profession to have clients with same sex marriages, second marriages with assets and children from a prior marriage, as well as families that may look traditional, […]
Read More »Advice for Divorce after Age 50
When you’re over 50 and facing divorce from a long-term marriage, coming to a settlement agreement that will safeguard a comfortable financial future is complicated. “Till death do us part” isn’t the case for many Baby Boomers today. “Gray divorces” are occurring more than ever before — the rate for adults ages 50 and older […]
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