(Originally published June 5, 2019) When I think of life insurance, I think of it as one of the most important aspects of my financial life. If something were to happen to me, I would want my children to be able to pick up the pieces and not have to worry about how they areContinue reading “The Importance of Life Insurance in Building a Solid Financial Foundation”
(Originally published July 3, 2019) When making a large purchase people do not generally give much thought to how that asset is titled. They will most likely default to owning it in their own individual name, or if they are a couple, in both of their names. What if I told you that how youContinue reading “How to Title Large Purchases”
When establishing your legacy there are lots of things to think about. Having a solid estate plan gives your loved ones a leg up at an already difficult time.
According to The National Survey of Children with Special Healthcare Needs, 12.8% of children under age 18 in the United States, or about 9.4 million children are estimated to have special healthcare needs. These special healthcare needs span from very severe- totally disabled to more mild needs. Blending families comes with its own challenges; biologicalContinue reading “When a Member of your Blended Family has Special Needs”
Blended or step-families come in all different shapes and sizes. The way that these unique families handle finances comes in just as many varieties. Some families go for the more traditional route of merging all financial matters into joint accounts and making all financial decisions together. Other families choose to keep everything separate and operateContinue reading “Why You Need a Blending Agreement for Your Blended Family”
Estate planning is generally a deliberate and well thought out process that is carried out throughout the life of the person doing the planning. You may think about who gets your prized art collection in the event of their death, who is going to make medical decisions in the event of your incapacitation, and whoContinue reading “Estate Planning During an Emergency”