Estate planning is a critical means of protecting your financial legacy, providing for loved ones, reducing taxes and preventing unnecessary expenses, says an article from The Seattle Times, “Estate planning needs vary at every stage of your life.” The reasons for an estate plan change depending on your stage of life. However, no matter what your income is, … Continue reading Estate Planning for Different Ages and Stages of Life
Category: Retirement
How Does a Trust Work?
You’ve worked hard to accumulate financial assets. You’ll need them to support your retirement. However, what if you also want to pass them on to loved ones? Trusts are used to pass assets to the next generation and have many benefits, says an article titled “Passing assets through a trust—What to know” from the Daily Bulldog. “Funded” trusts … Continue reading How Does a Trust Work?