Estate Planning for Parents of Children with Autism

As people grow older, especially parents, they begin to think about the future, and how their children will be provided for after they’re gone. For parents of children without developmental disabilities, this is easier, as those children can typically provide for themselves. However, when you have a child with Autism Spectrum Disorder, the issue becomes…

5 Reasons to Embrace the Emotional Side of Estate Planning

When you hear the phrase “estate plan,” you might first think about paperwork. Or your mind  might land on some of the uncomfortable topics that estate planning confronts head-on: end-of-life decisions, incapacity, and your family’s legacy from generation to generation. Those subjects hit home for everyone. But while that could feel like a reason to avoid…

How Does My Annuity Fit Into My Estate Plan?

Selecting the right type of annuity for yourself is no small feat. Of course, you’ve put in the research and planned with your financial advisors. But, you might still be wondering what happens to those annuity payments upon your death. In addition to their benefits as a financial tool for your goals, annuities can have…

Entrepreneurial Estate Planning: 3 Documents to Protect Your Business

Protect your assets and safeguard your family’s future with three documents that detail what will happen when you’re unable to make decisions later. Insurance, savings and fingers crossed: These are the three elements entrepreneurs use to protect their business. Why doesn’t it feel like enough? Because it isn’t. When you build and nurture something over the years,…

Planning for the Future (Without a Crystal Ball)

Creating a will, trust, or any type of estate plan has always involved dealing with an uncertain future. Consider that just 20 years ago in 1997, the estate tax had an astonishing 55% rate with only a $600,000 exemption. Back then, tax-driven estate planning was a mathematical necessity for a large segment of the population….

Get started now on business succession planning

Three key takeaways ✔ Determine your exit strategy and your desired legacy. ✔ Build a plan for transitioning your business with taxes in mind. ✔ Sell your business to family, employees or co-owners, or a third party. When should you start planning your exit strategy from your business?  Try yesterday! From the first day you…