“There are two widespread errors in estate planning. One error is not to have a will or other key elements of a plan. The other error is to fail to update the will and estate plan. This article isn’t for those who still haven’t established at least a basic estate plan. But if you have an…

“Do you want to leave a lasting legacy for your children and grandchildren? Are you building a business or accumulating wealth with the hope that it will benefit your heirs and provide them with the opportunity to live happy, fulfilled lives? If so, you had better start talking about it with your children—now. One of…

“Most people give minimal thought to one of the most important issues in their retirement plans. The result can be a wildly inaccurate plan.  A goal of every retirement plan is to ensure your income and cash flow last at least the rest of your life. To meet that goal, you need a reasonable estimate of…

“Nobody wants to contemplate his or her own mortality. And you may even feel that, in the context of death, questions about who gets which of your assets seem trivial. That might explain why numerous recent studies have found that only between 35% and 45% of Americans have a will.” Continue Reading HERE Source Credit:  http://time.com/money/collection-post/2791069/10-steps-to-painless-estate-planning/…

“Young couples with children are usually in the beginning stages of their careers, and might not have an estate large enough to be affected by the estate tax upon their deaths. In 2012, an estate must be larger than $5 million dollars to incur any federal estate tax. Nevertheless, there are many non-tax reasons for…

“It’s a tough conversation for any parent to have: Do you know what would happen to your kids if you were to pass away? Who would be their primary caretaker? Would they have enough money for necessities, let alone college? The questions are numerous, and the answers aren’t easy. The topic is so unpleasant that…

by Dan Caplinger No one likes to do estate planning, but it’s essential if you want to make sure that your assets go where you want them to go after your death. Each year, changes to gift and estate tax laws and other related provisions can affect your estate planning. Below, we’ll look at the…

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