How to Leave a Lasting Legacy
What does it mean to leave a legacy? In simple terms, a legacy is passed from one generation to the next and often refers to gifts of money or property. However, leaving a personal legacy involves more than the financial assets you bestow on the younger generation. A lasting legacy is all about the actions […]
Should You Write a DIY Will or Do You Need a Lawyer?
We’ve all heard of — or, unfortunately, witnessed — the family drama and blood feuds that spark up after a loved one has moved on. If your grandmother promised you a family heirloom but your cousin snags it up shortly after her death, you might be inclined to leave the lyrics of Taylor Swift’s Bad […]
The Ultimate Estate Planning Guide: Leaving Your Home to Your Children
Any parent will admit that raising kids is no easy task: From helping your children with their school work to planning dinner each day of the week, your schedule is packed! With all the hustle and bustle taking up your time, it’s likely that the last thing on your mind is estate planning for your […]
Life Insurance and Taxes
If you are the policyholder or the beneficiary in a life insurance policy, you’ve probably at one point have asked, Do I have to pay taxes on my life insurance? Those words alone can easily make your head hurt, and putting them together seems downright unreasonable. But, there is a very straightforward answer to this […]
Can You Rely on Crowdfunding for Healthcare and Funeral Costs?
While illness and death are both facts of life, we’re not always prepared for the financial burden caused by tragedy. Thankfully, the interconnectivity of the internet has presented a solution to what often feels like the insurmountable costs of healthcare and final expenses: crowdfunding. People have been increasingly relying on crowdfunding sites for memorial costs […]
End-of-Life Planning for Families and Seniors: How to Start the Conversation
End-of-life planning is a difficult topic for many families to discuss. Millennial parents may be hesitant to have the conversation with their loved ones, because it’s hard to envision a life without them or they’re not sure how they will react to a serious conversation about their health. For aging seniors, it can be equally […]