AROUND THE WEB: Planning for Retirement
If you are part of the 50 percent of Americans who are considered middle class and wondering what you should do now to prepare for retirement, this article is for you. According to the article, there are four steps you can take now to help make your retirement years easier. The Sooner, The Better. […]
5 Reasons for Hiring an Estate Planning Lawyer in Augusta, GA
According to Financial Sense, only 32% of Americans had an estate plan in 2024, a shocking 6% decline from the previous year. Hiring an estate planning lawyer plays a crucial role in protecting your assets and ensuring that your possessions are distributed to the right people. Although it’s important, many of us procrastinate writing our will or […]
How to Prevent a Contested Probate: Essential Tips
In 2024, only 32% of Americans reported having a will. It’s easy to see why: this is a sensitive process that seems easy to put off. Unfortunately, the emotional impact of writing a will may also stop you from realizing that someone may contest it. Challenging a will isn’t too common in the U.S., but it’s hard […]
Going to the Dogs: What to Know About Putting Your Pets in Your Estate Plan
While it may seem odd, leaving your estate to your pet is not as uncommon as you might think. This article addresses some of the more common concerns regarding this trend. Since 2008, 29 states have adopted pet trust laws and all 50 states have general guidelines in place. While you cannot leave your […]
Special Needs Estate Planning: Secure the Future of Loved Ones
You’ve spent years creating a supportive environment for a loved one with special needs, ensuring they have access to the best care, resources, and opportunities. But as you think about the future, an essential question looms -what happens when you’re no longer there to provide that support? Special needs estate planning offers a way to […]
AROUND THE WEB: Why Transparency in Estate Planning Matters
This article by success.com discusses the significant wealth transfer expected from baby boomers to younger generations, raising issues around inheritance planning. The Great Wealth Transfer involves trillions moving from baby boomers to millennials and Gen Z, affecting the economy. Financial adviser Sofia Cianciulli emphasizes planning for tax-efficient wealth transfer. However, expectations often do not align […]
AROUND THE WEB: Warren Buffett Details his Approach to Estate Planning
As one of the most wealthy people on earth, Warren Buffett must know a thing or two about financial planning. This article focuses on Buffett’s estate planning strategies and how they may benefit others. When he dies, Buffett intends for his remaining billions to go into a charitable trust to be dispersed by his three […]
How to Find a Trustee: 6 Factors for Choosing the Right One
In 2022, over half of Americans had no kind of estate plan set up. That includes a will, a living trust, or a living will. Many of them could benefit from stating their wishes for their assets after they pass. One of the key components of an estate plan is to find the best trustee. This trustee is […]
7 Questions to Ask a Special Needs Trust Attorney
Data from the Centers for Disease Control and Prevention indicates that over a quarter of American adults have some form of disability. Creating a special needs trust is a crucial step in ensuring the long-term well-being and financial security of a loved one with disabilities. However, navigating this complex area requires expertise, and consulting with a special needs trust […]
Around the Web: When Should You Start Planning Your Estate?
It’s not exactly comforting to think about your eventual death. However, planning ahead for your assets and finances is an important part of protecting your legacy and ensuring your loved ones are taken care of. So, when exactly is the right time to start thinking about an estate plan? Most advisors would suggest you begin […]