If you do not have children — maybe you just don’t have them yet, or maybe you don’t plan to have them at all — it is still important to write a will and do your estate planning. However, this becomes especially important if you do have kids. It raises the stakes. Prior to the birth of your children, the…[...]

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When faced with the emotional and medical challenges of a special needs child, you might not be able to spare the time to think about their future as an adult. Maybe you needed to take it one day at a time, to carefully hope for a long and happy future for them. However, when the day comes, and you realize…[...]

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People often spend a lot of time trying to figure out how to put the family home into their estate plan. Do they just leave it to the kids in equal amounts? Do they sell the house and leave the money to the children? Do they ask the children which kids want it and which ones do not? This can…[...]

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If you have a child with special needs, you may have to care for that child for the rest of their life. You love your child, but that does not mean this isn’t taxing and difficult at times. It’s a full-time job. It comes with many hurdles you have to overcome. It helps to define your life in ways you…[...]

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Estate planning can be emotional. No one wants to think about their own death, and making plans around your passing can seem morbid. However, taking steps to make sure that your estate is squared away can save your loved ones from additional grief after you pass. Here are a few considerations that women should especially be aware of when planning their estate.…[...]

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Like many people, you have put off estate planning for years. You’ve finally decided to settle down and do it, but now you’re not sure where to start. It all feels so overwhelming, especially as you deal with retirement and other such events. To help you, here are a few early steps you can take: Make a comprehensive inventory of all of…[...]

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One way to transfer your family business to one of your children is simply to sell the company to them before you pass away. They take over ownership, and you don’t have to worry about suddenly handing them the company at the end of your life. There are benefits here, but you also want to consider some potential drawbacks. For…[...]

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Determining the best type of trust for your unique situation can be challenging if you do not understand all of your options. Different kinds of trusts serve different purposes and are appropriate under different circumstances. However, living trusts are a common kind of trust that people in a variety of situations can benefit from. A living trust is a kind…[...]

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It’s no secret that divorce has an impact on estate planning. When your marriage ends, you need to make sure your estate plan does not still leave assets to your ex. You need to update your life insurance beneficiary designation. You need to consider who will make end-of-life care decisions for you. And these are just a few examples. One…[...]

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Business succession planning gets complicated. If you leave a company to your children, are you making their career choices for them? What if they wanted to do something else with their lives? It’s a worry that many parents have, and it’s true that children often feel this pressure — even if their parents do not put it on them directly.…[...]

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