8 Estate Planning Things To Do Before You Travel

Before any trip, most of us create a “to-do list” of things we have put off and want to take care of before we leave. Here is a checklist of estate planning things to do before you take your next trip. Taking care of these will help you travel with peace of mind, knowing that if you don’t return due to serious illness or death, you have made things much easier for those you love. Have Your Estate Planning Done. If you have been procrastinating about your estate planning, use your next trip as your deadline to finally get this… Read More

Organize Information For Your Family

Many of us do not think about what would happen if we suddenly became incapacitated or died. Would our friends, spouse, or family know what to do? Would they know where to find important documents? Would they be able to access (or even know about) online accounts or files? Would they know whom to ask if they need help? Putting the effort in now to establish a formal document inventory can alleviate unnecessary anxiety and turmoil in the future. The Key Takeaways If you should suddenly become incapacitated or die, your family would need to know where to find the… Read More

Planning For Young Families

For those of us in our 30s, one of the last things on our mind is planning for our eventual death. Whether it be because we believe we’ll “live forever,” or because we’ll have plenty of time to think about it later, typically it is low on our priority list. Admittedly, as a 30-something I regularly put off my own planning for the same reasons. It wasn’t until friends and others I knew my age passed away that I realized I needed to make sure my family was protected in case the unexpected occurred. At a minimum, I wanted to… Read More

Naming A Guardian For Your Minor Children

If you have your children, you should name “backup parents” who will raise them in the event you and your spouse pass away before your youngest child turns 18 years old. While the odds of that actually happening are low, not naming someone to take care of your children will cause a headache to your family should the unthinkable happen. If no backup parents guardian is named in the parent’s will, a judge—someone unfamiliar with your children or their relatives—will decide who will raise them. Anyone can ask to be considered the guardian of your children and the judge will… Read More

Planning For Your Digital Assets

It wasn’t very long ago that we used paper as our main source of communication, record keeping and note taking. All tax records, bank statements, and letters were kept in filing cabinets. It was easy to tell a loved one, “If something happens to me, everything important is in there.” But since the advent of the computer, internet, email, and social networking, the vast majority of our data is online. In fact, a recent survey found that 92% of American children have a digital presence before the age of two. As the internet has become more prevalent, and more and… Read More