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Home » Estate Planning for Parents

What else should be in my estate plan when my children are adults?

Once your children are well into adulthood you may want to add funeral planning and advance directives into your estate plan. Doing so … [Read more...] about What else should be in my estate plan when my children are adults?

Date: March 17, 2023

How can I protect the inheritance of a problematic child?

If you have a child who has a history of mental illness, addiction, or simply spendthrift tendencies, you can add a spendthrift provision in … [Read more...] about How can I protect the inheritance of a problematic child?

Date: March 17, 2023

How can you protect children from a prior marriage when you remarry?

Place the assets intended for your kids in a Qualified Terminable Interest Property (QTIP) Trust. While you’re alive, you control the trust … [Read more...] about How can you protect children from a prior marriage when you remarry?

Date: March 17, 2023

How can I avoid leaving my young adult children a large sum of money?

A trust can also help with this common problem.  No matter how mature a young adult child may be, handing over a large lump sum inheritance … [Read more...] about How can I avoid leaving my young adult children a large sum of money?

Date: March 17, 2023

How can a trust help manage assets intended for my children?

For the parent of young children, a trust offers several important benefits. As the Settlor of the trust, you appoint the Trustee, and any … [Read more...] about How can a trust help manage assets intended for my children?

Date: March 17, 2023

What can I accomplish in my Will?

Although you will need more than just a Last Will and Testament if you have minor children, your Will can be used to ensure that specific … [Read more...] about What can I accomplish in my Will?

Date: March 17, 2023

Why can’t I just leave assets to my children in my Will?

While a Last Will and Testament can be used to distribute an entire estate, gifting assets to your minor children in your Will is not the … [Read more...] about Why can’t I just leave assets to my children in my Will?

Date: March 17, 2023

Why is estate planning important for parents with young children?

You undoubtedly work hard to give your children a stable and financially secure life. You may also try to pass down your wisdom, ideals, and … [Read more...] about Why is estate planning important for parents with young children?

Date: March 17, 2023

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