If you aren’t thorough with your estate planning, you could create conflict, even with the best of intentions, says an article from yahoo! Entertainment titled “Life Insurance Beneficiary vs. Will: Do I Need Both?” Your life insurance beneficiary designation supersedes your will, so you’ll need to have your life insurance policy and your will aligned to save heirs … Continue reading Do I Need a Will If I’m Leaving Insurance Policy to a Beneficiary?
Category: Blended Families
Protecting Inheritances in a Blended Family
Blended families have estate planning challenges differing from traditional families, explains a recent article from The Record Courier, “Estate Planning for Blended Families.” A blended family is one where one or both partners have children from a prior marriage. The details vary, but the concern is the same: the possibility for the children to be disinherited if after … Continue reading Protecting Inheritances in a Blended Family
Estate Planning Strategies at 35 vs. 65
While we used to think that Estate Planning was only for the wealthy wealthy, it isn’t. Anyone with a family, retirement investments, or specific ideas about how they want their assets allocated needs an estate plan. Furthermore, estate planning involves more than your money and property. It allows you to assign someone you trust to … Continue reading Estate Planning Strategies at 35 vs. 65
Are You Ready for 2026?
You may not be thinking about Jan. 1, 2026. Any New Year’s Eve celebrations you are currently thinking about are from January 1, 2025. However, if your estate is worth $5 million or more when the first day of 2026 arrives, your estate planning should begin now. According to a recent article from Forbes, “Is 2026 An … Continue reading Are You Ready for 2026?