According to the Pew Research Center, the U.S. population living in multigenerational households has quadrupled since the 1970s. They also report that, in March of 2021, “there were 59.7 million U.S. residents who lived with multiple generations under one roof.” One of the most common multigenerational living scenarios is the…
Articles Posted in Estate Planning
How to Store Estate Planning Documents Safely: Here are 4 Options
By Jill Brightman We’ve seen it all too often lately. A natural weather disaster strikes leaving a path of destruction and misery in its path. In the midst of the shock and chaos, people are left scrambling trying to retrieve belongings and find the paperwork needed to help start the…
6 Tips to Effective Estate Planning for LBGTQ+ Families
Our country has made strides in advancing the rights and equality of the LGBTQ+ community – but, we still have a long way to go before same-sex couples are protected in the same way as heterosexual couples. As laws are being developed to protect everyone equally, it remains important for…
Single People Need Estate Plans Too
If you’re single, estate planning might not be at the top of your priority list. You may assume, based on how most professionals talk about the process, that estate planning is mainly for couples with kids. But the truth is, everyone should have an estate plan in place. Even if…
8 Ways to Gift Assets to Your Grandchildren
Just when you think you’ve reached a point in life where you know exactly what love is, along come grandchildren. And it’s fun to spoil your grandchildren! When they are little, it’s so easy. You can let them have ice cream before dinner, give them that amazing game system they…
Is it Okay to Say No to Becoming a Power of Attorney? Yes!
Someone has asked you to be their power of attorney – but you’re concerned. How do you respond? Becoming someone’s agent under a power of attorney is not something to be undertaken lightly. It is an enormous responsibility that can potentially become a stressful and time-consuming duty. So what exactly…
6 Estate Planning Documents You Should Create Today
You can’t predict what might happen tomorrow, but there is something you can do today to help better prepare for whatever comes your way – you can get your estate plan in order. Putting these documents in place can help ensure that not only are things done according to your…
7 Smart Gift-giving Strategies for Your Estate Plan
It’s a nice thing to be able to give someone you love a gift, especially when that gift can help ensure their security, wellbeing, and even happiness. But you have to be careful when giving gifts—either cash or property. The annual gift tax exclusion is $16,000 per recipient in 2022,…
5 Financial Resolutions You Can Keep
We’ll only be hours into the New Year, and most of us will already be steeling ourselves for the annual guilt trip about abandoned resolutions! It never fails. We start out with the best intentions, but as the world cranks back into gear after the holidays, we find ourselves slipping…
Giving Wisely: How to Choose a Charity
This is the time of year for giving and receiving. As your mailbox fills up with solicitations from nonprofits – everyone from the Salvation Army to the World Wildlife Fund – how do you know which ones are worthy? And even more important, how can you tell which ones you…