Estate planning isn’t just about sharing wealth with the younger generation. For many people, it’s equally important to share one’s values and to encourage their children or other heirs to lead responsible, productive and fulfilling lives. One tool for achieving this goal is an incentive trust, w...
Typically, an estate plan includes accommodations for your spouse, children, grandchildren and even future generations. But some members of the family can be overlooked, such as your parents or in-laws. Yet the older generation may also need your financial assistance. ...
While much of your estate plan focuses on actions that take place after death, it’s equally important to have a plan for making critical financial or medical decisions if you’re unable to make them for yourself during your lifetime. This is why including a power of attorney in your estate plan is a...
A will or revocable trust may form the core of your estate plan, but for many people, a substantial amount of wealth bypasses these traditional estate planning tools and is transferred to their loved ones through beneficiary designations. These “nonprobate assets” may include IRAs and certain emplo...
Embarking on the journey of adoption is a monumental decision filled with hope, anticipation and perhaps a touch of anxiety. One of the critical steps in this process is the home study — a thorough assessment conducted by adoption agencies or social workers to evaluate the prospective adoptive family...
World Adoption Day is a day to uplift all voices in the adoption community, to share their stories, reflect on their journeys, and connect with those touched by this experience. Adoption provides a wonderful solution for family formation. There are several ...
Co-parenting can be challenging, especially during the holiday season. There are ways to make the holidays more peaceful and manageable. The key is clear, honest communication and planning ahead. Here are some tips to help ensure a smooth holiday season for both parents and children. Hol...
