Divorce proceedings can be complex, especially when they involve financial matters. One concern for many individuals is the possibility of a spouse hiding assets to achieve a more favorable settlement. Recognizing the signs of this is essential for ensuring a fair...
Year: 2023
What is digital estate planning?
Digital estate planning is an increasingly important aspect of modern estate management, reflecting the growing digital footprint in the lives of American adults. In the simplest terms, digital estate planning involves making arrangements for your digital assets after...
How is divorce different for older couples?
Divorcing couples share certain experiences – they all have to deal with legal and emotional issues. But some people go through different experiences from others, and a good example is those divorcing after 50 years - often referred to as a gray divorce. Here is how...
How many people die without a valid estate plan in place?
Estate planning is an important activity for all adults. Someone who has just turned 18 and plans to leave for college may need an estate plan. Someone who just got married or who had a baby would also likely benefit from an estate plan to put protections in place for...
Is it time to update your estate plan?
An estate plan is a set of legal documents that helps determine how someone's affairs should be handled at the end of their life. Many people create estate plans early in case of an emergency. However, these estate plans often sit around collecting dust, which can...
A fresh start: Managing your finances after a divorce
The inevitable change in finances is always a major concern for divorcing parties. Whether you were simultaneously employed with your spouse or were a homemaker during the marriage, you will feel a shift not only in income, but also in managing financial affairs after...
Plan for the holidays now for less co-parenting conflict later
Under ideal circumstances, the holidays can be a stressful time of the year. For co-parents, it becomes even more so with competing schedules, family gatherings and school breaks. But, with some planning, you can reduce the strain and achieve your ultimate goal of...
The truth about starting over after a marriage ends
There is no universal truth about what life looks like after a failed marriage. In fact, it cannot be any more different for each person. The reasons why the relationship ended, how severe the financial disputes are or whether a child is involved – these diverse...
3 parts of an estate plan
You may wonder what you can do about your estate after you pass away. If you want to control what happens to your assets and personal effects after you die, an estate plan is essential. Making an estate plan is the process of anticipating your passing and instructing...
What are the benefits of living trusts?
Aside from drafting a will, you can use other estate planning tools to manage your assets properly, such as living trusts. This tool can help you entrust your assets to another person or entity that can hold them for your beneficiaries or heirs. By setting up a living...