Not All Estate Plans are Created Equal
If you do not have children, do you like all your brothers and sisters and all of their children?
Without an estate plan, the government decides who will receive your assets. If you have no children, the intestate plan most likely will dictate that your assets go eventually to your brothers and sisters and then [Read more…]
Sometimes the unthinkable happens. Sometimes people make poor choices, which leave them unable to make wise decisions. These can vary from something small, which can be overcome quickly, to something major and life changing, which can take years to overcome. If one of your children is in the middle of such a life changing problem [Read more…]
When you get married, you expect that marriage to last forever. Unfortunately, the sad truth is many marriages end in divorce or one spouse dies and the other goes on to remarry. In those cases, you would generally want the assets you acquired during the first marriage to go to the children of that marriage. [Read more…]
In the ne
xt series of blogs, I will be answering some questions as to why it is important for everyone to create an Estate Plan. Many people think of Estate Plans as something extra, or something you do when you have a lot of assets, but this is not the case. Everyone, no matter how [Read more…]
Out of all of my siblings, I only have two that are married. One is my brother, Tyler, who is an accountant and the other is my sister, Heather, who works as a nurse. They both have very different personalities and one is from my dad’s first marriage while the other is from my mom’s [Read more…]
During th
e reign of Augustus Caesar, the Roman army suffered its worst loss and defeat in the German wilderness during 9 A.D. Because of that loss, Augustus bequeathed in his estate plan to his successor, Tiberius, the virtue of Prudence, stating “be satisfied with the status quo and suppress completely any desire to increase the [Read more…]