Tax Day is right around the corner! Be sure to get your tax returns squared away before the 18th. On the topic of taxes, we wanted to take the opportunity to discuss estate tax returns and what you may need to know if a loved one has recently passed away. [Read more…]
Protecting your Assets during Financial Literacy Month
April is Financial Literacy Month. Financial literacy is crucial in the estate planning process, which is why we want to take the time to blog about it! You may be asking yourself, what is financial literacy? Financial literacy is knowing and navigating your personal finances. This includes budgeting, saving, effectively managing money, and planning your future expenses. [Read more…]
Spring Cleaning
The warm weather and spring season bring one of our favorite tasks… Cleaning!
Just kidding… But like how you might clean your home, you should implement Spring cleaning for your estate plan by reviewing and updating your documents and asset alignment. Keeping your estate plan updated is important because if your most recent wishes and situation aren’t outlined, you will not be able to put your plan in place. To inspire your Estate plan cleaning, here is a laundry list of tasks to make sure that your plan is in the best shape possible!
Legal Assistants Day
Happy National Legal Assistants Day!
Thank you to our legal assistants for making our attorneys’ workload and lives easier. We are grateful for all your hard work and dedication to making the planning process seamless and enjoyable for our clients. In honor of this day, we would like to highlight our paralegals, legal assistants, and administrative assistants as well as introduce you to two new members of our team, Jade and Kate!
Information Binder for Parents and Children
This spring, put some time aside to make a Family Binder.
What is a Family binder? A family binder is a binder where you keep any important information about you and your family. It is important to have one in case of an emergency, so you can find any important information immediately or if you suddenly must leave your family, pets, and medical conditions in the hands of someone else.
Where Do Social Media Accounts Go When We Die?
The term “social media assets” can be used to describe the content that makes up your social media presence ranging from images, photos, interaction, and any user-generated content you are tagged in. When you die, your profile on platforms such as Instagram, Facebook, Twitter, and other social media sites remains a digital footprint and usually becomes a place where people go to memorialize their loved ones. To make sure your legacy lives on and ensure the right people have access to these accounts there are steps that you can take to plan.
Estate Planning for Young Families
Reminder: It is never too early to start estate planning!
Estate planning is critical for young families to protect their little ones if the unthinkable happens. By planning and updating, you are ensuring that your child will be cared for if you pass away. Having a plan can also make sure money is set aside for necessities and college, and that your children’s guardian knows your wishes for where and how you want your children to be cared for. In this blog, we will address 3 common questions we are asked by young parents who are just getting their estate planning journey started.
Considerations When Naming a Guardian
Choosing a guardian for your child if you no longer can care for them can be a daunting task, but it is extremely necessary. If you do not have an appointed guardian and something happens to you, the court system will appoint one for you. There is also a risk that your child may be placed into foster care if the court believes a relative is incapable of caring for the children.
Special Needs Planning
Estate planning has many benefits that help protect and care for your children. This is especially important when you have a child with a disability or special needs. Special needs planning is not only to set aside money to care for your child if something was to happen to the main provider, but also to set up care for them once they become adults.
Saying “I Love You” Through Estate Planning
February is the month of love. With Valentine’s just passing, it is important to show your loved ones that you love and care for them. Estate planning is a creative way to show your love. Here are a few ways you can express your love for others in your estate plan.