Don’t Name a Minor Child as Direct Beneficiary! Naming a minor child as a direct beneficiary of an account or a Will can lead to several complications and challenges that may affect the child’s financial future. Here are some key reasons why this practice is...
Beneficiary Selection: Balancing Emotion and Strategy in Estate Planning Estate planning is a journey that intertwines the rational with the emotional, a path where the heart and mind must walk hand in hand. Selecting beneficiaries is not merely a transactional...
Guarding Your Children’s Future: The Pros and Cons of Trusts and Direct Giving Planning for your children’s financial future is a significant responsibility. Two common strategies include leaving assets in a trust for your children or directly giving money...
The Beneficiary Designation Trust: The New Simple Will What if I told you there was an estate planning tool that offered the best of both worlds? The ease of a Simple Will and the probate avoidance and privacy of a Revocable Living Trust. Well, there is, and it...
Clients Who Have Outgrown Their Estate Plan As estate planning attorneys, we work hard to set up estate plans that fit a client’s needs and ensure that everything works together for the client and their loved ones. Estate plans remain effective as long as they...
Peace of Mind for Parents: The Importance of College Student Estate Planning Start the Process Here Sending a child off to college is like watching them embark on a grand adventure. The preparation leading up to the big day can be an emotional rollercoaster, filled...
