Archive for Kids Protection
Protecting Your Children’s Nest Egg
Posted by: | CommentsParents often set up trusts as a way to ensure their assets reach their children and successive generations without being diminished by courts costs and taxes. When leaving assets to a child, parents will be faced with some choices on how to handle or set up their children’s future inheritance.
Should they leave them to the children outright (no longer held in the trust), how much and when should the children receive the assets and will their inheritance be protected from future creditors are amongst some of the questions a parent must ask. Read More→
Keep The Change And Get $4,000 In Bonuses
Posted by: | CommentsChanges in our lives can bring a wealth of opportunity or surprising disappointment.
We can anticipate some changes, like getting married or the birth of a child, and other times, Change just struts in and makes itself at home without warning.
It’s easy to evaluate and plan for those big or significant changes that we know are going to happen: what they entail, when they will happen, how they will affect our lives, and how we can be better prepared for them when they do. Read More→
“Plan… Plan… Plan… I Can’t Say It Enough”
Posted by: | CommentsYou’ve heard me time and time again stress the importance of planning. It
doesn’t matter the size of your estate, whether you’re single or married, you
have to plan. You have to plan for estate taxes, who your guardians and
healthcare agents are going to be and you have to pass-on your legacy.
However, for those of us that are single (including myself), the issues become
greatly exacerbated and here’s why. Read More→
Asking Why Parents Do Not Plan Leads to Surprising Answer
Posted by: | CommentsI have often wondered why parents don’t do the obvious when it comes to naming guardians for their kids. I mean, it’s a no brainer that parents love their kids and want what’s best for them. Most parents would agree that planning is essential and that it should be done as quickly as possible and this plan should also be kept up to date as the years go by.
Loving parents want to know that their kids will be provided for in the event of their incapacitation or death. They want to know who, what, when, where and how their kids will be raised. Read More→
Your Mother Was Right… But Didn’t Tell You The Whole Story!
Posted by: | Comments
If your Mother ever told you to always wear clean underwear in case you’re in an accident, she was right. That advice has saved face for countless now-adults who developed good habits from Mom’s words of wisdom.
But let’s think about this for a bit: If my wife and I are in an accident (let’s think positive and say we’re only incapacitated), I might be glad that I didn’t grab the boxers I only wore for 20 minutes after my shower the night before. And my wife would probably be glad she changed out of her favorite but well-worn tee shirt before we left the house. We all know, though, that this isn’t really what the admonition to wear clean underwear is about. It’s about thinking ahead to plan for the unthinkable. Read More→
