Common Estate Planning Myths Debunked

October 21, 2024

October 21-27 is National Estate Planning Awareness Week, which means it’s time to shed light on this often misunderstood and frequently avoided topic. You might think estate planning is only for the wealthy or too complicated and expensive. These are just a few myths surrounding estate planning that I hear often. In reality, estate planning […]

A Comprehensive Guide to Disaster Preparedness

October 15, 2024

ESTATE PLANNING,

In today’s world, where natural disasters and unforeseen events can disrupt our lives at a moment’s notice, preparedness is no longer a luxury; it’s a necessity. So to make sure you and your loved ones are prepared for any emergency situation, I’ve created this comprehensive guide to provide a strong foundation for your financial security […]

Navigating End-of-Life Care: Lessons from a Daughter’s Tragic Experience

October 8, 2024

ESTATE PLANNING,

In an aging society, you might find yourself facing difficult end-of-life decisions for your loved ones sooner than you expect. And when you do, you’ll realize the journey through end-of-life care is rarely straightforward. A recent and heartbreaking story published by Maggie Schneider Huston in Newsweek illustrates this fact. In this article, I’ll highlight key […]

A Power of Attorney May Not Be What You Think

September 30, 2024

ESTATE PLANNING,

If you’ve ever considered planning for your future or helped someone plan for theirs, you’ve probably heard the term “power of attorney.” But do you really know what it is? The terms “power” and “attorney” carry weight but may not mean what you think. In fact, there are many misconceptions about what a power of […]

Preventing Family Feuds Over Your Personal Belongings

September 23, 2024

ESTATE PLANNING,

The passing of a loved one is a heartbreaking event, filled with grief and sorrow. But the aftermath can become even more painful if disagreements over their personal belongings tear your family apart. These disputes, especially when centered around meaningful objects, can leave lasting wounds that may never fully heal. But it doesn’t have to […]

Matthew Perry’s Estate Plan Demonstrates the Benefits of Trusts

September 16, 2024

ESTATE PLANNING,

When Matthew Perry, the beloved star of Friends, passed away last year, the world mourned the loss of a comedic icon. However, as details of his estate began to emerge, a curious puzzle presented itself: despite his reported net worth of $120 million, his bank account held (only) $1.5 million. Admittedly, this seems like a […]

What Do Lasagna and Estate Planning Have in Common?

September 9, 2024

ESTATE PLANNING,

Have you ever heard horror stories about families fighting over Grandma’s jewelry or getting stuck in a never-ending legal battle after someone passes away? Or about how long it can take to sell a house tied up in the court process? What about family members being denied their inheritance completely? Unfortunately, these situations happen every […]

3 Questions to Ask Yourself Before Creating Your Estate Plan With AI

September 4, 2024

ESTATE PLANNING,

Have you jumped on the AI bandwagon yet? If so, you’ve probably used it to make your life easier. AI can be incredibly helpful, especially when the stakes are low. Need a personalized meal plan or an exercise routine? AI can handle that. But when it comes to estate planning, some people use AI for […]

Labor Day Reflections and Your Legacy

August 26, 2024

ESTATE PLANNING,

Labor Day, observed in the United States on the first Monday in September, is not only the unofficial end of summer but also a celebration of the contributions and achievements of American workers. Originating from the labor movement and the quest for better working conditions, Labor Day also provides an opportunity to think about your […]

How Beneficiary Designations Put Your Family at Risk

August 19, 2024

ESTATE PLANNING,

You’ve worked hard to build your assets and secure your family’s future. Like many responsible adults, you’ve named beneficiaries on your retirement accounts, life insurance policies, and maybe even your banking and investment accounts. It feels good to know you’ve put something in place for your loved ones. But here’s the truth many financial advisors, […]