Do Not Forget the Last Piece of the Estate Planning Puzzle
Do not overlook coordinating beneficiary designations when updating an estate plan. This is a critical component to keep current.
Pass or Fail?
Here’s what passes and what flunks as educational expenses from a 529 Plan.
Passing on More than Dollars and Cents
Many families are finding that true legacy planning requires sharing vision and values with the next generations.
Understanding Powers of Attorney
One of the most misunderstood estate planning documents is the power of attorney. While seemingly simple, a number of design features should be thoughtfully considered, and any agent should take the fiduciary duties quite seriously.
Business Succession
For business owners, passing their business on to heirs is fraught with issues, which are explored at length in this excellent article.
Powers of Attorney Deserve Attention and Follow Through
Having valid powers of attorney in place is crucial. But that may be just the first step in ensuring the seamless management of your financial assets if you become incapacitated. We encourage clients to do a “dry run” and confirm their powers of attorney meet the requirements in place with their financial institutions.