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5 Financial Planning Tips for Soon-to-Be Parents

The journey to parenthood is filled with excitement and new responsibilities, including financial ones. Preparing for your growing family requires careful financial planning to ensure stability and security. There are five essential financial planning tips, from budgeting for your new arrival to updating your estate plan and securing your family’s future. These tips will help you navigate the financial aspects of parenthood with confidence. Budgeting for Baby: Essential Financial Preparations Creating a budget for your

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Estate Planning Tools to Protect Family and Business

No one likes to think about dying, much less planning for it.  But if you care about your family and leaving a legacy of love rather than pain and confusion, estate planning is a must. Designed to preserve your wishes and protect your loved ones, the estate planning process puts a variety of helpful legal tools at your disposal: Will – a will spells out your personal wishes about the disposition of your assets.   Without

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Long-Term Care Planning for Your Child With Special Needs

Special needs trusts are a critical tool in planning for the long-term care of a child with special needs. These trusts ensure that your child has the financial resources they need without jeopardizing their eligibility for government benefits like Medicaid or Supplemental Security Income (SSI). A special needs trust can be used to cover expenses not provided by government programs, such as personal care attendants, education, recreation, and transportation. It’s essential to work with an

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Estate Plan Updates as Your Child Heads to College

Planning to sending a child off to college is a major milestone for any family, marking the transition of your child from a dependent to an independent young adult. This new phase not only brings changes to their lives but also necessitates adjustments in your estate planning. As your child steps into college life, it’s critical to update your estate plan to reflect these changes. From ensuring your young adult has the necessary legal documents

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Kids Protection Planning Guide

Kids Protection Planning Guide®

Emptying the Nest

Emptying the Nest: 8 Ways Your Estate Plan Changes When Your Children Turn into Adults