Estate Planning · January 15, 2024
Recent changes to the FAFSA rules are a game-changer for grandparents looking to support their grandkids' education. Our latest blog delves into the FAFSA Simplification Act and its impact on 529 college savings plans. Learn how these adjustments allow for more significant contributions without affecting financial aid eligibility. It's an exciting development for family financial planning, offering a new way to invest in your grandchild's future without compromising their aid opportunities.
Estate Planning · October 22, 2020
You may think your pets are family, but the law considers them to be nothing more than personal property just like your cars, furniture, and electronic devices. In order for the law to treat your pets the way you want them to be treated, it is your responsibility to make that clear through estate planning. If you would like your pets to be taken care of properly after your death, you have to plan ahead to ensure their safety and care when you are not able to do it yourself.
Estate Planning · June 12, 2020
The coronavirus has infected millions of people in the US, including parents of young children. This brought fear to every parent like you, that if worse could happen to you and your spouse at the same time, who would watch your children? Who would take care of them even just for a short period of time? Situations like this can be traumatic for your minor kids so it is critically important to devise a plan and name legal guardians to protect them in case the unthinkable happens. Learn more here.
Estate Planning · June 05, 2020
The burden of both to carry on with your work and manage your child's full-time care and education can be overwhelming. If you are like most parents - struggling with guilt even before the coronavirus pandemic because of the lack of time to simply play with your kids or help them with their homework, then, you are not alone. Here are some ideas to help you alleviate the feelings of not doing enough for your kids which in the long run, you will appreciate if the unthinkable happens to you.
Estate Planning · January 03, 2020
There are many things that you cannot predict but can prepare for, such as death. After your death, or even if you are disabled and unable to make decisions for yourself, you need to make sure someone, who is called your Agent, can make important decisions on your behalf. Your Agent should be someone you can trust and will carry out your wishes exactly the way you would like. Learn here the different types of agents everyone must have.
Estate Planning · October 10, 2019
As a parent, your children are your priority and their safety is your main responsibility. In order to make sure your children are safe, even after your death, you must prepare for their care. One of the most important things to decide is who you want your children’s guardian to be if something happens to you. Here are some things to consider when deciding who that perfect person could be or even, people you would never want to leave your children with.
Estate Planning · October 01, 2019
As a parent, your children are your priority and their safety is your main responsibility. In order to make sure your children are safe, even after your death, you must prepare for their care. One of the most important things to decide is who you want your children’s guardian to be if something happens to you. Here are some things to consider when deciding who that perfect person could be or even, people you would never want to leave your children with.
Estate Planning · June 28, 2019
You might assume your close family and friends will take care of your children if anything ever happens to you, but everything won’t be simple and easy unless you prepare for it. Your family and friends would probably want to take care of your children, but it is not up to them to decide. If you did not appoint a guardian for your children, even a stranger could gain custody of your loved ones. Plan now so you could make certain that your children are never taken into the care of strangers.
Estate Planning · September 07, 2018
People put off writing their will because they might be busy, or have it in their mind but just don’t know when to do it. Although everyone thinks about writing a will, or know how important it is to have one, not everyone gets it done. Not having a will doesn’t seem like a problem when you are alive, but after your death, your family will be left in a very difficult situation. Read here what happens when you die without a will.
Estate Planning · September 07, 2018
A lot of times, people hide their Wills or estate planning docs in secret locations where they'll likely never be found after their death. Or they'll put their Will in the care of unreliable caretakers, whom may forget they even have the documents and never truly know when is the right time to present it to the family after your death. Consider this illuminating case that winded its way through the NY court system and provides a cautionary tale about safeguarding your documents.