If you've got a child entering college, whether for the first time or not, chances are at least some of your summer is spent preparing your checklist of things to send them off with. It's often a hectic time, and it can be an emotional one as well. Making sure that checklist is comprehensive is key - and that includes planning for emergencies. If your child has turned 18, or will do so while away, you'll want to have a Healthcare Proxy and a Durable Power of Attorney in place. Doing so can make all the difference in the world in an emergency. Don't have those documents yet? Don't worry. Solutions Law Group LLC can take care of that for you - and we're offering a super-summer-savings.
Many people spend the bulk of their working lives planning for retirement - others get a later start. In either case, tax-favored vehicles such as IRAs, Roth IRAs, 401(k)s, and other retirement plans often comprise a large portion of their planning. In part 5 of a 6-part series on important estate planning considerations, our American Academy of Estate Planning Attorneys colleague, Attorney Steve Hartnett, discusses proper handling of these assets for estate planning purposes. CLICK HERE TO READ ON
Many wills and trusts set forth conditions that must be met in order for beneficiaries to receive disbursements. While there are certainly cases in which this makes sense and is in the beneficiaries' best interest, there can also be instances in which the controls put in place hinder more than they help. We've likely all heard it said that the only constant in life is change. In this entry, our American Academy of Estate Planning Attorneys colleague, Attorney Steve Hartnett, lays out the ways that guidance from the grave can potentially be detrimental - and offers alternatives that ensure more practical planning to protect your beneficiaries while still preserving your values and the intent behind your bequests. Click here to read more.