It's important to properly plan for the distribution of your assets in the event of death or incapacity. Real estate is often the most significant asset for many individuals and families. Proper estate planning for real estate can help ensure that your property is distributed according to your wishes and that your loved ones are protected. Here are a few tips on how to effectively incorporate real estate into your estate plan: Create a comprehensive estate plan that takes into account all of … [Read more...] about Real Estate and Estate Planning
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Thought of the Day
"It is better to fail in originality than to succeed in imitation." -Herman Melville … [Read more...] about Thought of the Day
Avoiding Estate Planning Mistakes: A Guide for Newbies
If you haven't done any estate planning, it can be overwhelming to figure out where to start. Avoiding common mistakes is the first step in creating a solid estate plan. Here are some tips to help you avoid estate planning mistakes as a newbie. Don't Procrastinate - One of the biggest mistakes people make is waiting until it's too late to start their estate plan. You shouldn't wait until you're sick or facing a major life change. Start planning now so you can know that your assets will be … [Read more...] about Avoiding Estate Planning Mistakes: A Guide for Newbies
Thought of the Day
"The only limit to our realization of tomorrow will be our doubts of today." -Franklin D. Roosevelt … [Read more...] about Thought of the Day
Thought of the Day
"The secret of success is to do the common thing uncommonly well." -John D. Rockefeller Jr. … [Read more...] about Thought of the Day
The Importance of Estate Planning for Younger Adults
Estate planning is not just for older people. In the eyes of the law, anyone over the age of eighteen years of age is an adult. Thus, estate planning is important for all adults over the age of eighteen years. In fact, younger adults may have more to lose if they don't have an estate plan in place. We cannot control the future, but we should plan for it. Here are some reasons why estate planning is especially important for young adults: Protect Your Assets. Even if you don't have a lot … [Read more...] about The Importance of Estate Planning for Younger Adults
The Lessons from Lisa Marie Presley
We often post articles regarding the latest celebrity whose death created a mess because their Estate Plan failed to properly protect the celebrity’s family and loved ones. It seems that an individual with fame and money could easily avoid that result; however, that’s not always the case. The fallout caused by inadequate Estate Plans of celebrities provides great lessons for Estate Planning practitioners and their clients because the drama unfolds on a public stage. Tragically, Lisa Marie … [Read more...] about The Lessons from Lisa Marie Presley
Thought of the Day
“Success usually comes to those who are too busy to be looking for it” -Henry David Thoreau … [Read more...] about Thought of the Day
Thought of the Day
"Do not let making a living prevent you from making a life." -John Wooden … [Read more...] about Thought of the Day
Thought of the Day
"You only live once, but if you do it right, once is enough." -Mae West … [Read more...] about Thought of the Day