4 Common Mistakes Made On Life Insurance Beneficiary Designations

Investing in life insurance is a foundational part of estate planning, and when done right it’s a primary way to say “I love you” to your loved ones after you are gone. However, when naming your policy’s beneficiaries, several mistakes can lead to potentially dire consequences for the people you’re investing  to protect and support. … Read more

Which Type of Trust Is Right For You?

You’ve probably heard you need a trust to keep your family out of court and maybe out of conflict in the event of your death or incapacity. (And, if you haven’t, you are hearing it now.) If you own any assets in your name at the time of your incapacity or death that are subject … Read more

Why Every Adult Needs A Living Will

When it comes to estate planning and wills, you have a variety of options for legal documents. The most common of these options is a “last will and testament,” which is also known simply as a “will.”  A “last will and testament” should not be confused with a “living will.”  Both terms describe important legal … Read more

What Happens To Your Debt When You Die?

Perhaps you’ve wondered about what happens to your own debt (or your parent’s debt) when you (or they) die? Short answer[1]: it does not disappear; the debt must either be paid out of the deceased’s estate or by a co-creditor. What exactly happens to this debt can vary and how you handle your debt can … Read more

3 Red Flags When Creating Your Will Online

You can find dozens of websites that let you prepare a variety of estate planning documents all on your own, for little to no cost, without paying a lawyer to help.  However, you need to understand how these services can backfire on you and your family. Creating your will online without a lawyer’s guidance, can … Read more

Estate Planning For A Child With Special Needs

Estate planning is an obvious concern for all parents, but if you have a child with special needs, it’s crucial that you are aware of the unique considerations that go into planning for a child who may be dependent on you at some level for their lifetime for their emotional, physical, and financial needs, in … Read more

Green Funerals: 6 Eco-Friendly Options For Your Remains

The environmental costs of death are significant and constantly rising. With the death rate expected to spike as Baby Boomers age, the funeral industry is poised to cause even more damage with traditional burials and cremations. While green funerals are a recent trend, natural burials were the norm until the Civil War, which coincided with … Read more

Are You Ready for the Silver Tsunami?

Whether it’s called “The Great Wealth Transfer,” “The Silver Tsunami,” or some other catchy sounding name, it’s a fact that a tremendous amount of wealth will pass from Baby Boomers to younger generations in the next few decades. In fact, it’s said to be the largest transfer of intergenerational wealth in history. Studies suggest it’s … Read more