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Should You Disinherit a Child?

Posted on: March 14th, 2019
Most parents choose to leave their estates equally to their children. But sometimes, parents intentionally choose to not leave anything to a child. Regardless of the reason, disinheriting a child wide ranging effects....

Estate Planning for Young Families

Posted on: February 14th, 2019
Many young families put off estate planning because they are young and healthy, or because they don't think they can afford it. But even a healthy, young adult can be taken suddenly by an accident or illness. And while none of us expects to die while our family is young, planning for the possibility is prudent and responsible. ...

Young Adults Need Estate Planning, Too

Posted on: January 14th, 2019
Once a child turns 18, parents lose the legal ability to make decisions for their child or even to find out basic information. Learning you cannot see your college student's grades without his/her permission can be mildly frustrating. But a medical emergency can take this frustration to a completely different level. The parents (or a sibling or another person) will probably have to go to court and ask for permission to obtain information about the student's medical condition, be able to make decisions about treatment, and have access to the student's financial records and accounts. ...

How to Leave Assets to Adult Children

Posted on: October 8th, 2018
When considering how to leave assets to adult children, the first step is to decide how much each one should receive. Most parents want to treat their children fairly, but this doesn't necessarily mean they should receive equal shares of the estate. For example, it may be desirable to give more to a child who is a teacher than to one who has a successful business, or to compensate a child who has been a primary caregiver....

What and When Should You Tell Your Children About Their Inheritance?

Posted on: September 5th, 2018
Not many parents like to talk to their children about their wealth. How much money people have is usually considered a private matter, something it's not polite to talk about. But not talking to children about how much they may inherit can leave them unprepared to handle even a modest amount....
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