Numerous obligations can diminish the legacy that you leave for your loved ones or your favorite charities when you die. If you have personal debt, the representative of your estate will need to pay your debts in full before they distribute your assets to others....
For many people, estate planning makes them think of dividing their property among their children after their death. Certainly, the distribution of your assets after your passing is a major issue that you will address when planning your estate. Many estate planning...
Americans are carrying student loan debt into middle age and beyond – particularly those who went on from college to get a graduate or professional degree. That means the subject of what happens to student loan debt when the borrower dies has become one that many...
If you have a significant amount of money in your retirement accounts, you’ve probably given careful consideration to your beneficiary designations for these accounts. Individual retirement accounts (IRAs) come with some restrictions for those who inherit them, so...
Most Millenials, also known as Gen Y, are always reluctant to think about and plan for their own deaths. After all, no one wants to think about death when they are at the peak of their lives. However, some of life’s truisms hold for every adult regardless of their age...
San Jose is Silicon Valley’s largest city. As such, many high-net-worth individuals live and work in this area of California. They work extremely hard to keep up with the ever-evolving tech environment for which Silicon Valley is known. It makes sense for these high...
As someone who has a family and who works in a lucrative field, it’s important that you take a look at your life and what you want to do to protect your assets, your family and yourself in the future. Estate planning is a great way to take control over the unknown...
Estate planning affects your finances, your health and your family. As such, you can never know too much about the law. While it is unreasonable to task yourself with learning everything about estate planning, it is wise to learn as much as possible. For those in San...
You’ve done the responsible thing and gotten your estate plan in order -- except for one major decision: You still have to choose an executor. You’ve tossed several different ideas, including your oldest adult child, your youngest sibling and your best friend....
With a proper estate plan, your family wealth can last for generations to come. After all, that is why you work so hard - to ensure that your family and future generations are better off after you are gone. Contrary to popular belief, generational wealth planning is...
