It may be hard to believe, but the fact is, millennials are all grown up. They are buying homes, starting families, and caring for aging parents. Also, they are—at 22% of the population—the largest living generation in the U.S. In 2021, Trust & Will did a proprietary study involving 22,850…
Articles Posted in Estate Planning
The Day the Music Died: What Happens When There is No Will?
Prince, Marvin Gaye, Jimi Hendrix, Kurt Cobain, Bob Marley, Billie Holiday, Barry White, Sonny Bono, Tupac Shakur, Amy Winehouse, John Denver, Sam Cooke, Aretha Franklin. Certainly, an impressive who’s who list of music royalty that sadly left this world far too soon. However, this wildly talented group also had another…
Can You Inherit Season Tickets?
Whether you’re talking professional or college sports, season tickets for popular sports teams are usually very hard to come by. And, once someone acquires season tickets, they aren’t likely to give them up. In many instances, fans literally have to wait for someone to die before they can move up…
How Much Should You Pay a Trustee?
Asking someone to be a trustee of your trust shows you have a lot of faith in that person’s capabilities and ethics. But how much is their time worth? Serving as a trustee can be a big responsibility, and can also be quite time consuming. And while family members and…
Home Suite Home: Things to Consider Before Building an In-Law Suite
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…
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…