Did you know that October 21-28 is “National Estate Planning Awareness Week?" Estate planning is an often overlooked area of personal financial management. By some estimates, 70% of American parents do not have an estate plan! Most mistakenly hear the word “estate” and assume “estate planning” is just for the Bill Gates, Elon Musks, or Warren Buffets of the world. Estate planning, however, is for Read More
Frequently Asked Estate Planning Questions- National Estate Planning Awareness Week
I hope you've enjoyed reading and learning about estate planning during National Estate Planning Awareness Week. We believe that knowledge is powerful and being prepared is liberating- and we appreciate you, area parents, for partnering with us in our mission to educate families - especially young families - about the importance of planning. To wrap up the week, I'd like to take a moment to summarize everything 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?
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
Recently Divorced? Why You Should Put Aside Your Differences For Tax Season
Divorce can wreak havoc on your finances. But what many divorced couples don’t realize is that they can expect to face recurring financial challenges during tax season for years after the divorce is finalized. While divorce is often adversarial, leaving both spouses with animosity in its wake, tax season is an opportune time to put aside those differences and cooperate to reach a mutually beneficial Read More
Frequently Asked Estate Planning Questions- National Estate Planning Awareness Week 2017
I hope you've enjoyed National Estate Planning Awareness Week as much as we have! It's our mission to ensure that every child in the Commonwealth is protected -no matter what- and we appreciate you, area parents, for partnering with us in this mission, as you make educated, loving choices regarding estate planning for your family. To wrap up the week, I'd like to take a moment to summarize everything we've covered Read More
Growing Family? Time to Audit Your Insurance Policies
If you have a growing family, there is lots to prepare for and consider. Welcoming a new family member can be a joyous occasion, and requires some planning. Adding a new family member can affect your finances and create a need for more protections. Reassessing your insurance coverage might not be at the top of your list, but policies should always be audited when changes in your family life occur to ensure your Read More
Avoid Bursting your Budget; Steps to Take When you Have Children at Different phases of Their Life
by guest blogger Lora Fickett, Financial Stress Reduction®Coach, of Fickett Financial Coaching The glorious day has come, you are now a parent and you didn’t realize how much love you were capable of until you laid eyes on your little bundle of joy. Along with having a child is not only the task of raising them to be responsible adults, but also the act of supporting them financially. A recent survey in 2017 stated Read More
Navigating the Sandwich Generation with Ease
July is Sandwich Generation month. If you've never heard of it: 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 still raising kids at home when they become responsible for the care of their own aging parents. The stress and financial strain of managing the affairs of both children 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
