Traditional, very simple estate planning may not be sufficient to accomplish estate planning goals in many blended family situations.
Life Stages – Estate Planning
It is a longtime investor’s worst fear: retiring into a bear market. A downturn in stocks can be a blessing in disguise when you are still working and saving for retirement, because you are able to buy shares ‘on sale.’
A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.
Being married is significant both for a married person’s lifetime estate planning and subsequent administration of the estate at death. Important rights and responsibilities exist between married persons.
However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.
Millennials are finally embracing one of the cornerstones of adulthood, by writing their wills.
Looking for an extra incentive to spend some quality time with your grandchildren? Try telling their parents that it could extend your life.