How frequently you should review your estate plan depends on how old you are and whether there has been a significant change in your circumstances. If you are over age 60, for example, and you haven’t updated your estate plan in a decade or two, it’s...
The death of a loved one is one of the most difficult times in a person’s life. Nothing can truly prepare a person for such a loss. However, dealing with the financial stress of frozen bank accounts can exacerbate the stress. Without proper planning, your significant...
The mortgage business is booming in many parts of the country. Historically low interest rates have created an almost frenzied environment with homeowners scrambling to refinance their home loans at these low interest rates. Even a few tenths of a percentage point of...
Don’t assume your estate will automatically go to your spouse when you die. If you don’t have an estate plan, your spouse may have to share your estate with other family members. If you die without an estate plan, the state will decide where your assets go. Each state...
A new administration usually means that tax code changes are coming. While it remains unclear exactly what tax changes President Biden’s administration will usher in, two possibilities are that he will propose lowering the estate tax exemption and eliminating the...
Preparing and organizing your financial information will bring peace of mind to you today and relieve your loved ones’ burden in the future. The goal is to make and maintain an accurate list of accounts and passwords and relevant contact names at financial...
