Jensen Estate Law
Decoding Estate Planning: The Millennials Guide to Financial Security and Legacy Creation
Stepping into major life milestones like marriage, parenthood, or managing an investment portfolio, millennials often overlook one crucial journey: estate planning. This article unfolds the crucial aspects of estate planning, with a focus on how it adapts to different life stages, ensuring financial security and a protected legacy.
Guarding Your Children’s Future: The Pros and Cons of Trusts and Direct Giving
Planning for your children’s financial future is a crucial task that requires careful consideration. Two common strategies include leaving assets in a trust for your children or directly giving money to their guardian. Each method has its advantages and disadvantages, and the best choice depends on your specific circumstances and goals. This article delves into the pros and cons of each approach, providing valuable insights to help you make an informed decision.
What Not to Include in Your Estate Planning Documents
Estate planning aims to transfer assets to loved ones upon death, but avoid including sensitive information like Social Security numbers and account numbers to prevent identity theft. Likewise, refrain from making disparaging remarks in the will to avoid legal issues. Consult experienced attorneys for secure and comprehensive estate planning.
Jensen Estate Law August Newsletter Clients Who Have Outgrown Their Estate PlanAs laws and circumstances evolve, outdated plans may lead to unintended consequences, jeopardizing your legacy vision and your loved ones' future. Learn how changes in tax laws, wealth accumulation, relationships, and beneficiary needs demand adjustments to your estate plan. Discover the significance of...
Jensen Estate Law July Newsletter Peace of Mind for Parents: The Importance of College Student Estate PlanningExplore the often overlooked but crucial aspect of preparing your college-aged child for their journey into adulthood – estate planning. This comprehensive guide not only explains the importance of having a legal safety net for your young adult but also delves into how this...
Jensen Estate Law June Newsletter Estate Planning 102: Expanding Your Knowledge on Estate PreservationEstate planning can be a complex and daunting task that may seem like it is using a foreign language or requires extensive research to understand. However, many of the most common questions or confusing concepts actually have very simple answers. In this article, we will answer some...