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I cannot tell you how many times I have heard people tell me that they already have a will, so they are all set. I understand why those who tell me this may think it is true, but I do not completely agree. A will is only effective once you pass away, and only gives someone power to handle your assets and transfer assets to your named … [Read more...]
Can I Leave Money to My Church When I Die?
The simple answer to this question is: Yes, you can. However, not all gifts to a church, or any charity for that matter, are the same. You can choose to give money to a charity as an outright gift, or as a gift inside of of your estate planning documents like a trust. You can choose to leave money to a charity, or leave property in kind to a … [Read more...]
For Grandparents: How Can You Pass On Your Legacy To Your Grandchildren?
When it comes to estate planning, leaving a legacy may be important. Of course, the concept of a legacy raises several different questions: What is a legacy? How you do build a legacy, and how do you leave one for your grandchildren? Is a legacy what you leave to them after you are gone - assets and things? Or, is a legacy more? Is a legacy … [Read more...]
“Grandma! Grandpa! Will You Help Me?” How You Can Help Your Grandchildren With Their Education
I think most grandparents have a special place in their heart for their grandchildren. Grandparents play with their grandchildren, feed the grandchildren, and generally make life fun for the grandchildren. Grandparents also give the grandchildren back when it is bedtime, or the grandchild is cranky, which makes sense. Grandparents did all of the … [Read more...]
