Parents provide their child with support at every stage of their life, from providing for their physical needs to supporting their emotional needs. However, if you pass away before your child reaches adulthood, you will not be present to offer that support....
Month: April 2022
How a spendthrift trust protects assets from heirs and creditors
When it comes to estate planning, among your goals is to protect the assets so your heirs may benefit from your success. But, in some situations, you need to protect those same assets from the heirs themselves who may be known for mismanaging money, making poor...
A financial power of attorney (POA) gives help when you need it
You never know what will happen in life since accidents and illnesses occur unexpectedly. If you suddenly become incapacitated, having a power of attorney for finances will provide the financial help you need and the comfort your family members need. What it is A...
7 traits that make a good executor
As you create your will, you must make many decisions – some of them are easy and swift, while others take a greater amount of thought. One such decision in the latter category is choosing an executor. Not just anyone can complete the many duties of this important and...
Tips for settling a loved one’s estate
Handling the estate of a loved one who has died is often a bigger job than many people realize. This is particularly true when loved ones have not updated their estate plans in a long time. These tips can make the process easier. Assemble a team If you are the...
Protect your business with a succession plan
With a thriving business and superior leadership, you may feel like your company has secured a successful future. However, unexpected change may bring inevitable disruptions that leave you scrambling for solutions. A succession plan is one way to minimize the...