Do you consider trusts to be instruments of the wealthy? While it is true that many Americans of means have trusts to protect and pass their wealth, there are a number of reasons why trusts can also be useful for middle-class families. Here are 7 of them: 1. ...
Contrary to popular belief, estate planning is not just about money or taxes. Far from it. Today, it’s more about protecting your assets for yourself and your loved ones, achieving your financial goals and safeguarding your health care. Money and taxes aside, here...
A recent post in the New York Times’ “You’re The Boss” column reflected on lessons learned from difficult company successions that were very difficult because there was no plan in place to follow. Don’t let this happen to you! Susan Parker owns Bari Jay, a...
According to a 2011 McAfee study, Americans value the digital assets they own across multiple digital devices at nearly $55,000. Unfortunately, a vast majority of us have not planned for what happens to these assets after we’re gone. Estate planning for digital...
Recently, 11 major life insurance companies agreed to pay $763 million to the heirs of deceased policyholders after it was discovered the companies continued billing customers for their policies even after they were dead. This agreement is the second in the last two...
