It’s important to update your estate plan regularly. Find out when trust and will reviews are necessary from Park Place Financial.
A carefully crafted estate plan helps prepare for the future, ensuring your legacy is passed on after your death. Many clients think that having a will is enough to ensure their assets are passed down to their heirs. However, a living trust provides more than just peace of mind
Prenuptial agreements have a bad reputation for being the predictor for marital doom and just a way to limit the amount of wealth an ex-spouse can claim. However, pre-marriage financial planning can prove to be a smart move in the long run, especially for couples who marry later in life after building careers and making investments.
Planning for the future involves retirement savings, estate planning, and many other considerations. Determining how your health and finances will be managed if you’re unable to do so must be part of this planning. When you can’t make choices about health and finances for yourself,
Preparing for the future requires more than just creating a will. It also involves careful estate planning to ensure the ones you love receive assets after your death. Your estate and the gifts bequeathed to family and friends will be subject to federal and state taxation at this time, and it’s important to work with an experienced financial advisor who understands these issues and can help minimize taxation
Putting off estate planning is common. When work, family, and other matters are at top of mind, thinking about a time when you have passed on or can’t manage your affairs is often pushed aside. In fact, a recent survey reveals that just 60% of Americans over age 55 have created estate planning documents,
Today we can do almost anything online. From hiring a contractor to buying a car, it’s easier than ever to skip traditional appointments and processes by taking matters into our own hands. While this approach is convenient in many situations, it’s never wise when preparing wills, trusts, powers of attorney, healthcare directives, and other documents that establish your end-of-life wishes.