Young people often feel invincible. Death is the last thing on their mind, so they figure they have plenty of time to create an estate plan. The reality is that an estate plan is for more than death and that it is valid for people of all ages. If you are in your 20s,...
It is a common misconception that only people who are wealthy need to worry about estate planning. However, that could not be further from the truth. Even a simple estate-planning tool such as a will is important if you have a family of any kind. Even if you do not...
Only a small portion of family businesses have plans for ownership or management succession. According to the National Bureau of Economic Research’s Family Business Alliance, surviving a second generation is a major milestone that only 30% of family-run businesses...
