ESTATE PLANNING – KEEP IT IN THE FAMILY

“It’s the most wonderful time of the year,” so says the song. While it certainly can be, it is also the time of the year when family tensions, squabbles or outright fights can surface and intensify. A completely unrelated matter may open a real or perceived family wound and before you know it it’s like…

ESTATE PLANNING – IT’S NOT ABOUT THE MONEY

In a recent survey conducted by Wealth Counsel LLC, 49% of those surveyed said they didn’t believe they had sufficient assets to warrant getting an estate plan. Fact check – FALSE There is no “required minimum” for creating an estate plan. Money is just ONE asset that can be managed within an estate plan…it need…

Estate Planning – Digital Assets

The phrase “digital assets” makes me uncomfortable because it sounds like a description for a discrete pile of “stuff,” that is dealt with on a ‘one and done’ basis. Digital assets are actually more and more our entire, daily world! Digital assets include bank accounts, photos on a cloud, e-books, credit card accounts, insurance policies…

Estate Planning – Procrastination Then & Now

As Depeche Mode says in their iconic song, “people are people.” There is still an enormous emotional barrier to getting even basic estate planning in place (e.g. will). The reasons for procrastination have not changed much over the decades. One of the major reasons for putting it off relates to family dynamics. Conversely, “not leaving…