Estate Planning

Talking about money with family members is not easy. In this short post, I will try and lay out a few pointers that make a difficult situation a little easier and at least get the conversation started. It is best to start at a high level and developing a layered [...]

This blog is the last and perhaps the most important installment in my four-part blog post series on estate planning. Don’t forget, estate planning isn’t about you, it’s about those you care about. Your ability to control the disposition of your assets from the grave is a powerful tool but [...]

The trust and the living (pour-over) will make up the foundation of an estate plan. No estate plan would be complete without the two separate durable power of attorney, one for financial purposes and one for health care directives. The four listed four documents in the figure below make up [...]

As I mentioned in my previous post, Americans are abysmal at Estate Planning. Over 50 percent don’t even have living will to convey their wishes after they pass. If you dig deeper into the statistics, you will find that even fewer Americans have a living trust that protects them from [...]

What is estate planning exactly and why should I care? This blog is not for self-centered individuals precisely because estate planning is not about you, it’s about everyone else you care about. Effective estate planning is done entirely for the beneficiaries of those you care about and will sadly benefit [...]