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HomeEstate Planning

Posts tagged: Estate Planning

Choosing a Guardian for Minor Children

January 18, 2018
by SM_Admin Estate Planning

If something terrible happened to you and your spouse, what would become of your children? It's not something anyone wants to think about, but think about it we must. By naming a guardian for your minor children, you can help ensure they will be raised ac ...

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The Importance of Choosing a Qualified Trustee

December 21, 2017
by SM_Admin Estate Planning

A trustee can be one person, multiple people, or what is called a "corporate trustee," such as a bank or trust company staffed by people who manage and grow trust assets. It is essential to choose the right trustee because this person or institution is re ...

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The Biggest Mistakes People Make When Probating an Estate

July 20, 2017
by SM_Admin Estate Planning

Losing a loved one is difficult enough without the added stress of having to make important financial decisions while grieving. For many people, the duties and responsibilities of probating a loved one's estate can feel overwhelming. The probate process i ...

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The Importance of Business Planning

April 20, 2017
by SM_Admin Estate Planning

If you want to start a business of your own, or are in the early stages of doing so, you are no doubt feeling a certain amount of stress. Your business will require a great deal of time, money and "sweat," and it will probably represent one of your most v ...

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Four Reasons You Might Want to Use a Corporate Trustee

March 16, 2017
by SM_Admin Estate Planning

A trustee can be one person, multiple people, or what is called a "corporate trustee," such as a bank or trust company staffed by people who manage and grow trust assets. People name corporate trustees for a variety of reasons, including: Necessity If y ...

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Planning for High-Risk Professionals

December 15, 2016
by SM_Admin Estate Planning

Every individual and family can benefit from estate planning. For some people, however, effective planning requires a higher level of asset protection. Certain professionals, such as physicians, attorneys, business owners and financial advisors, are far m ...

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ATM Skimming—Yes, It Could Happen to You

October 20, 2016
by SM_Admin Estate Planning

It's all so convenient. You go to the gas station, insert your debit card into the reader at the pump, fill up your car, and you're on your way. Or when you need some pocket money, you simply go to the nearest Automated Teller Machine (ATM), swipe your ca ...

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Do You Need a Prenuptial Agreement?

September 15, 2016
by SM_Admin Estate Planning

Okay, so you popped the big question, and he or she said yes! Whew, what a relief! Now there's so much to do, so many plans to make: the guest list, the invitations, the reception, the band, the cake, the honeymoon… the prenup? While it is hardly the m ...

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Is It Better to Buy or Rent a Home in Retirement?

May 19, 2016
by SM_Admin Estate Planning

Maybe you're looking to relocate to a state you've always dreamed about living in. Or perhaps you just want to downsize to a more manageable property. Whatever the reason, the decision whether to buy or rent a home in retirement is a difficult one. A rece ...

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Planning Tips for Singles

March 17, 2016
by SM_Admin Estate Planning

The 2013 United States Census indicated that 54 percent of women over the age of 65 were not married. The figure for men over 65 was 27 percent. There are many reasons for this, of course, including divorce, the death of a spouse and changes in the way co ...

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