Estate Planning for New Parents and Parents-To-Be
Estate Planning for New Parents and Parents-To-Be
About a year ago a friend called me and asked if I wanted to join him on a skydiving trip. Two years ago I would have jumped at the opportunity, however this time there was something different. Before I answered him, I started to think about my life insurance policy and if I...
Paul Walker taught us about the importance of an Estate Plan
Paul Walker taught us about the importance of an Estate Plan
ON November 30th 2013, fans of the Fast and Furious series around the world were shocked to hear that Paul Walker had passed away in a car accident. At the time of his death, Walker was 40 years old, survived by his parents and a 15-year-old daughter and had an estate...
Business Owners – A buy sell agreement could save you a lot of trouble.
Business Owners – A buy sell agreement could save you a lot of trouble.
If you own a business and have business partners, you will likely need a unique approach to your Estate Planning. Depending on the type of business you own, the value of the shares of your business could be fairly considerable. If you or your partner were to...
Why parents and elderly NEED a living trust
Why parents and elderly NEED a living trust
The other day I was speaking with some of my friends and realized that many of them were unaware if their parents had a living trust. Having a conversation with a parent regarding a living trust is definitely not the easiest conversation that you will have. Essentially you are asking...
Living Trust vs. a Standard Will
Living Trust vs. a Standard Will
All too often I get asked why an individual or family would need a living trust if they already had a Will. Regardless of what you’ve probably heard, a Will may not be the best plan for you and your family. A Will does not avoid probate when you die. In order for the Will to be enforced, it...