According to the National Association of Home Builders, in 2018 there were approximately 7.5 million second homes, making up 5.5 percent of the total number of homes.[1] These pieces of vacation property are not only real estate that must be planned for, managed, and maintained, they are also the birthplace of happy memories for you […]
The divorce process can be long and expensive. Getting the final decree is the end of one big effort, which probably felt exhausting. Yet, the work doesn’t end once the divorce decree is signed. Once you have gotten divorced, it’s prudent to update your estate plan. More Work After Divorce? Why Bother? A divorce has […]
As parents age and their physical and mental capacities diminish, it is natural for their adult children (recognizing the parents’ decreasing ability to care for themselves) to step in and help them. Often, a specific child will take over the bulk of the responsibilities, such as taking the parent to doctor’s appointments or the attorney’s […]
Not only is Disney’s award-winning animated film Encanto hugely entertaining, it also contains the following valuable estate planning lessons: Leaving a family legacy is important and can have an impact beyond your immediate family. Be sure to consider the significance of multigenerational planning. Treating each beneficiary as a unique person is essential. Naming the “strongest” […]
