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Reflecting on 2016- Thank you for a great year!

Happy 2017! For our first post of the new year, we looked back on our work together in 2016. It sure felt like a monumental year: after moving into our new offices, (this time last January- you might remember the video tour), we've met so many families and developed so many new relationships. But, even we were blown away when we looked at 2016 "by-the-numbers." This past year, we worked with people in 35 Read More

Take Advantage of National Estate Planning Awareness Week

Did you know this week is National Estate Planning Awareness Week? No, really, it is! And it isn't one of those made-up holidays like National Lemon Meringue Pie Day or International Talk Like a Pirate Day. Prompted in 2008 by estimation that more than 120 million Americans did not have estate plans to protect themselves and their families in the event of sickness, accidents or untimely death, Congress formally Read More

Planning for Charitable Giving

As The Parents Estate Planning Law Firm, PC gives back to Household Goods this season, we encourage our clients, partners, and readers support causes and organization in their own neighborhoods wich mean something special to them. If chartitable giving is already a part of your financial plan, now is also a great time, as the annual appeal letters begin to arrive, to reassess your approach to donating. Most of us Read More

Family Values: How to Continue them for Generations

With just a little effort, we can preserve our family values for generations to come. Most of us want to make a mark in the world. That’s a big part of what gives our lives meaning. And whether or not we have children, our history and stories can be a unique and irreplaceable gift to our families. Who shares your family values? It can be difficult to pass on our traditions and our values, however, especially when we Read More

Five Reasons To Never Give An Outright Inheritance To Your Children – and What to Do Instead!

If you’re like me, you want to leave an inheritance for your children. It’s likely part of what you are working so hard to do. But, far too often, the way we leave those inheritances actually does more harm than good. Something no parent wants. Giving outright ownership of our assets to the kids could put everything you’ve worked so hard to leave behind at risk. Why, how and what can you do about it? Let me share Read More

The 4 Key Life Skills Your Children Need to Have Before They Inherit

The lunches are made, the backpacks are packed. You’ve successfully sent your child off to meet the challenges of school. It is in school where they will learn to read and write, to socialize and learn how to navigate friendships. Our role as parents is to teach our children the skills learned outside of the classroom - life skills; how to face disappointment, right from wrong, and how to manage money, just to name a Read More

Build Your Child’s Back-to-School Resilience to Support Their Ultimate Success

If you are like most parents, your primary objective is to support your children to be prepared to handle the pressures of adulthood. If you have wondered what the most important thing you can do now to support your child is, this article has answers and they may not be what you think: If there is one human trait which helps to navigate all of life’s stages, it is resilience. Resilience is the ability to bounce Read More

Kelly Clarkson’s Blended Family: What She Needs to Consider

Starting a new family is always exciting and even a tad scary. This natural apprehension can be enhanced when a couple creates a blended family. Bringing children from different parents together presents challenges - and those challenges are multiplied when the couple have new children of their own. Former American Idol star Kelly Clarkson recently added a new baby to her family. Kelly and her husband, Brandon Read More

Medicare Facts For You, Your Parents

People who are nearing the age of 65 should be making plans for the transition from private health care to Medicare. It is not a simple process or one that happens automatically. You have to initiate the enrollment process at a specific time or suffer a monetary penalty. It is important to understand that applying for Social Security benefits and enrolling in Medicare are two totally different things. Don't confuse Read More

Are You Leaving Your Retirement Account at Risk?

You’ve spent your entire life building up your retirement account. It may even be the biggest asset you’ll leave behind for the people you love. If that’s the case, you may want to consider creating a special trust designed specifically to receive your retirement account assets in the event of your death. What happens to your retirement account when you're gone? If you leave your retirement account to the people you Read More