What Market Cycles Teach Us About Estate Planning Every few months, headlines seem to swing from optimism to panic — the economy is either booming or on the brink of recession. It’s no wonder people feel uneasy. But the truth is, economic ups and downs are a normal part of the business cycle. The economy…
What Is an Estate Plan — and Why Every Family Needs One When most people hear the term estate plan, they think it’s only for the wealthy. But an estate plan is truly about protecting the people you love and ensuring that your wishes are honored — no matter your net worth. At its core, an…
Should You Name Your Trust as the Beneficiary of Your Retirement Plan? When planning your estate, one important decision is determining who should inherit your retirement accounts. These accounts—IRAs, 401(k)s, 403(b)s, and 457 plans—are tax-deferred vehicles designed to grow over time with pre-tax contributions. The choice of beneficiary can have significant tax and estate planning…
The F-Word That Can Break Your Estate Plan: Funding Let’s talk about the F-word. No, not that one. We’re talking about funding—and if your trust isn’t funded, your estate plan might not work the way you think it will. Many people walk out of their attorney’s office, binder in hand, feeling accomplished. The trust is…
