What You Should Know About Guardianship—In Case A Parent or Loved One Becomes Incapacitated

Whether through illness, injury, or other means, anyone can require a guardian to become appointed if they become mentally incapacitated. In such cases, if there is no estate planning in place (or insufficient planning) to keep family or other loved one’s out of court, a guardianship, or conservatorship as it is sometimes called, must be established via a court process in the county probate court. Obtaining Read More

Advice for the “Sandwich Generation”

July is Sandwich Generation month. Now that I've got you thinking about turkey BLTs or meatball subs, I have to break it to you (though I bet you can already guess,) this article isn't about food.  So what is the Sandwich Generation? The average age of parents raising children in the US continues to rise, leaving many middle-aged Americans in a category commonly referred to as the the “sandwich” generation:  often Read More

Secure Your Cryptocurrency Assets With Estate Planning

One of the biggest appeals of cryptocurrency, like Bitcoin, is that it is decentralized, unregulated, and anonymous. There are no financial institutions controlling it, and unless you tell someone you own digital currency, it remains a secret. When it comes to estate planning, however, that kind of secrecy can be disastrous. In fact, without the appropriate planning protections in place, all of your crypto wealth Read More

I Don’t Have Young Kids, So Why Do I Need an Estate Plan? Part 2

Last month, we shared the first part of our series on the importance of estate planning for those without young children. If you haven’t read it yet, you can do so here. In part two, we discuss the other risks involved for those who forego estate planning. Someone will have power over your health care Estate planning isn’t just about passing on your assets when you die. In fact, some of the most critical parts of Read More

5 Common Estate Planning Mistakes and How to Avoid Them

Since estate planning involves thinking about death, many people put it off until their senior years, or simply ignore it all together, until it becomes too late. This kind of unwillingness to face reality can create major hardship, expense, and mess for the loved ones you leave behind. While not having any estate plan is the biggest blunder you can make, even those who do create a plan can run into trouble if they Read More

I Don’t Have Young Kids, So Why Do I Need an Estate Plan?

It’s a common misconception to think that if you don’t have children (or your children are adults,) you don’t need to worry about an estate plan. The fact is, it is just as important to have a plan if you don't have kids, or if they're over age 18 as it is when they are young. The specifics of your unique plan might be different, but everyone needs a plan. Some of the common thoughts behind this mistaken belief may Read More

Win a day of family fun at Kimball Farm!

GREAT NEWS!! DUE TO POPULARITY WE HAVE EXTENDED THE DEADLINE FOR THIS CONTEST UNTIL AUGUST 24th!! Win a day of family fun at Kimball Farm! Have you heard about our referral program?  It's as easy as 1-2-3! Between now and August 17th refer your friends to our firm - Celebrate, knowing you are helping others have peace of mind. For each of those families that meet with us before Sept. 3rd, 2018, you'll be Read More

Naming Guardians for your Children: The Six Steps to Do it Right – Part 2

One of your most important responsibilities you have as a parent is to select and legally document guardians for your children. This doesn’t mean naming godparents, or just trusting the grandparents will step in if necessary. It means consciously deciding who would raise your children if you cannot, and then legally documenting your choices. (Making sure the people you’ve chosen know what to do if they’re ever called Read More

Common Estate Planning Issues to Navigate Before a Second Marriage

These days, a second marriage (or even a third,) are fairly commonplace. And the estate planning issues that arise from multiple marriages can be highly complex and confusing. Merging two families into one presents unique legal and financial challenges that can cause significant conflict and distress unless effective estate planning has been put into place early on. Here are a few of the most common issues that Read More

Key Differences Between Wills and Trusts

When discussing estate planning, a will is what most people think of first. Indeed, wills have been the most popular method for passing on assets to heirs for hundreds of years. But wills aren’t your only option. And if you rely on a will alone to pass on what matters, you’re guaranteeing your family has to go to court when you die. In contrast, other estate planning vehicles, such as trusts, which used to be Read More