Estate Planning

When planning your estate, it's important to understand the difference between assets and estate. This knowledge helps ensure that your estate honors your wishes and cares for your loved ones according to your plans. Understanding assets Assets are anything you own...

Creating a lasting legacy is a goal for many families. However, ensuring it endures beyond the third generation can be challenging. The "third-generation curse" refers to the phenomenon where wealth accumulated by the first generation is often depleted or lost by the...

For individuals with a lot of wealth, navigating the complexities of financial planning can be daunting. However, when planning for the future, trusts offer many benefits. Learning more about this versatile framework is helpful for anyone thinking about estate...

Probate, the legal process of validating a will and settling an estate, can be time-consuming, expensive and emotionally draining for your loved ones. Fortunately, there are several strategies you can employ to avoid probate and ensure a smoother transition of your...

Estate planning is about more than just writing a will. It is about making sure your personal items and assets go where you want them to after your death. However, you may forget some important things when you plan your estate, and that can cause problems later on....

Think Advisor reported in 2022 that just under 50% of people earning over $100,000 annually have an estate plan. For high-net-worth individuals, proper estate planning is not just a financial strategy. It is an important aspect of securing and preserving wealth for...