Blog Posts
Beneficiaries
Go To Post ►: BeneficiariesIt’s interesting that so many times naming beneficiaries is overlooked with financial accounts. Sometimes people aren’t asked; sometimes people don’t know how to choose; sometimes people choose and never review their choices. It’s an essential piece of a good plan.
Probate YUCK… Again
Go To Post ►: Probate YUCK… AgainProbate is the state’s plan for what happens to a person’s property and money when they die either without a will or die without having assets earmarked correctly to go to certain people. The process can be expensive, it’s time consuming, and likely can be avoided with proper planning. When someone dies, the people closest…
Having Your Will in Place
Go To Post ►: Having Your Will in PlaceIt’s hard to imagine the problems that arise when someone dies and doesn’t have a will. The state gets to decide how assets get distributed – many times in ways the person would never have wanted. Interestingly, people who’ve avoided creating a plan will do so when someone they love passes and the person is…
Basic Steps to Estate Planning, Step 2: Account for Your Family’s Needs
Go To Post ►: Basic Steps to Estate Planning, Step 2: Account for Your Family’s NeedsLife Insurance – Do you have it? Do you need it? How much? What type? For whom? These are very important considerations. Worth learning so as to keep the family provided for when you pass.
Artifacts
Go To Post ►: ArtifactsThings that remind you of what’s shaped you, and why you keep these reminders. Everyone has ‘things’ that they keep to remind them of something that happened in their life. Most of us don’t share the stories behind those ‘things’ so our families and friends can know us better. Could be a favorite mug, an…
Basic Steps to Estate Planning, Step 1: Inventory Your “Stuff”
Go To Post ►: Basic Steps to Estate Planning, Step 1: Inventory Your “Stuff”We all have ‘”stuff” – tangible – what we can touch; intangible – what we may have in the way of money – checking, savings, IRA’s, pensions. It helps to know what all this is before a plan gets initiated. Whatever work it takes, take an inventory. It’s well worth it.
Passing Titles to Vehicles
Go To Post ►: Passing Titles to VehiclesOften this is not given a lot of thought while someone is alive. It raises questions pretty quickly after the owner dies. It’s really not that difficult to do.
Put your Round Tuit for Estate Planning on the top of your stack!!!
Go To Post ►: Put your Round Tuit for Estate Planning on the top of your stack!!!Love your family enough and don’t wait for something to happen to you before you plan. Crisis is NOT the best time to do it. Also, be aware that doing estate planning as a do-it-yourself project may not be the best idea. Even an attorney who’ll review what you’ve created could save your family time,…
Living Wills – What do YOU want at the end of life?
Go To Post ►: Living Wills – What do YOU want at the end of life?Let your loved ones know what you want at the end of your life. Choose the person who will carry out your wishes, whether or not they agree with them. Give them something to hold up to other family members and loved ones who may want to dispute what YOU have asked for. It will…
When Parents Lose “Capacity”
Go To Post ►: When Parents Lose “Capacity”When Your Parents Can’t Handle Their Own Affairs Learn, ask questions – It’s unimaginable that our parents, or other older loved ones, may come to the point where they are no longer the people we remember – over 90, physically unable though still mentally alert; no longer know who they or their family is when…