Pour-over wills ensure safe transfer of assets

An Alabama court recently unsealed American novelist Harper Lee’s will after The New York Times filed a lawsuit to review the document. Lee, who was 89 when she died in 2016, set up a living trust in 2011. Author of the Pulitzer Prize-winning novel, “To Kill A Mockingbird,” Lee directed that her estate – including… Read More »

Estate Planning Tips for Blended Families

Blended families bring an extra challenge to estate planning. Divorce and remarriage are common occurrences, and often heirs are concerned that they may be forgotten. Here are some tips which may help you resolve some financial concerns in blended families. Consider a prenuptial agreement A prenuptial agreement with a new spouse can protect your goals… Read More »

What If Nobody Wants Your Stuff?

Are you a baby boomer who’s part of the generation of “super collectors”? Have you accumulated fancy dinnerware, furnishings, and decorative objects representing decades of style trends? The number of “family treasures” a person can collect over several decades can be overwhelming! Outside of items you purchased, have you held onto gifts from weddings, birthdays,… Read More »

Don’t Put Off Updating Your Estate Documents

We’ve said it before, and we’ll say it again; and again; and Again! When you put off updating your estate plan, you’re playing a very dangerous game. This sort of procrastination is downright reckless, and often results in a your loved ones facing additional stress, financial loss, and hurt feelings. The Wall Street Journal recently… Read More »

DINKs Need Estate Planning Too

The nuclear family has traditionally been defined as two parents, two-and-a-half children and a house with a white picket fence. It’s been the basis for the American image of “family” since the 1950s. But as they say, the times are a changin’. The American family now comes in every shape, size and color. One demographic… Read More »

Does Your 18-Year-Old Need a Will?

High school graduation season is nearly over. It’s a celebratory time when you are perhaps more mindful about ways to secure the future of your young adult children. This is an excellent time to remind our clients with graduates heading off to college this fall that while most 18-year-olds probably don’t have a will, there… Read More »

Protecting an Aging Parent’s Finances

Convincing an ailing senior parent to turn over management of their finances to an adult child can be more challenging than taking away their car keys. After all, Mom and Dad taught their kids the importance of spending less, saving more, and investing for the future. Their sage advice: Pay bills as soon as they… Read More »