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Generally, even people in their 20s and 30s should start formulating an estate plan. With an estate plan, you can identify who inherits your assets, helping prevent conflicts over your properties and give the loved ones you leave behind some peace of mind. Another...
A misconception about estate planning is that you should be a certain age or financial state before you should start doing it. Nevertheless, estate planning is generally crucial regardless of time, as it helps you ensure that your assets are correctly maintained and...
While it is not legally required, it is generally advisable to have a will ready to protect your assets and your loved ones. A will outlines what happens to your belongings and properties if anything happens to you. It is an essential part of estate planning and if...
Estate planning is already taking one step toward protecting your loved ones in the event that something happens to you. You would want everything to go according to plan to save your family from unnecessary stress and burden. With that said, it is important to have a...
If you have estate planned or are currently estate planning, especially if you are an older American, you likely have heard the term, irrevocable trusts. However, should an irrevocable trust be part of your Juneau, Alaska, estate plan? While this blog cannot answer...
As a new parent, you have big dreams for your child, including having them go to college one day. It is no secret, though, that college is expensive. So, you start saving now by taking out a 529. A 529 can do more than just fund your child’s education. It can be an...
A lot of people put off estate planning because they think that they don’t need anything more than a simple will to distribute their assets to their spouse and their children. While this may be sufficient in some circumstances, in others it may fall short of achieving...
When you are expecting a baby, you are thinking about things like choosing the right name for your child, decorating the nursery and setting up a college fund. One other aspect of parenthood that some do not consider is the fact that if you and your child’s other...
When it comes to estate planning, it’s easy to assume that it’s mostly for older folks. But there are some aspects that can be helpful at any age. Advance healthcare directives are one of these aspects – accidents and unexpected illnesses can happen even to the young,...
The government provides several financial assistance programs intended to help chronically disabled or ill persons meet their health care and living costs. Virtually all of these plans have income limits that control eligibility for each program. A special needs trust...