“One of the last things on the mind of most millennials is death. Typically their thoughts and plans center on other things. Most of them probably feel that estate planning is to be done when they are in middle age at the earliest.
But that is a huge mistake. Many millennials have just as much, if not more, to lose than everyone else. This is especially true if they pass away leaving children, spouses, partners, or other loved ones behind.
In fact, I believe millennials need an estate plan if they have assets of any value they would leave behind in death.”
Continue Reading HERE
Source Credit: https://eyesonthedollar.com/millennials-need-estate-plan/
Estate Planning Practice
Estate planning is concerned with the use, conservation and disposition of a person’s property and wealth. The Marsalese Law Group offers expert advice in the areas of estate planning and trust administration. Our estate planning experience is sought by closely held businesses, families and individuals. Entrepreneurs frequently retain our services to coordinate personal, business and estate planning and deal with financial issues in ways that benefit both the family and the business.
The Marsalese Law Group has an active and sophisticated trusts and estates expertise in the handling of all types of estate planning matters, with emphasis on last wills and testaments, revocable and irrevocable trusts, life insurance trusts, special needs trusts, qualified personal residence trusts, family limited partnerships, durable powers of attorney, advance medical directives, and other related estate planning documents.
The Marsalese Law Group also advises clients on other common planning matters include lifetime gift programs, charitable split interest trusts, off-shore trusts, private foundations, grantor retained annuity trusts, generation-skipping transfer tax planning, and life insurance planning, including irrevocable life insurance trusts and split dollar arrangements.
For more on Estate Planning by Marsalese Law Group, click HERE