Around the Web: Communication is Paramount in Estate Planning
Estate planning can be a difficult topic, especially when your parents won’t communicate about it. This situation often leaves one child, usually the oldest, to take on the role of managing the estate with little information. This Next Avenue article outlines many of the possible difficulties for children of parents who won’t address the hard […]
What Is a Will and Testament Executor and Do You Need One?
Caring.com reports that the percentage of Americans with a will has dropped from 33% in 2022 to 24% in 2025. Unfortunately, without proper planning, your family may face unnecessary stress, delays, and legal complications when settling your estate. One of the most crucial choices in estate planning is selecting the right person to fulfill your wishes. Understanding the […]
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 […]