Archive for the Legacy Category

Legacy & Estate Planning for High Net Worth Individuals

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Do you have a high net worth? When you add up the value of all of your real estate, investments and life insurance, is it in the millions, then this article might be for you. I always find it helpful to first look at some of the origins and developments of a subject. Estate planning is… Read More »

Preparing for Meeting with an Attorney for Estate Planning

Most people don’t have a will or trust, or it is out-of-date. Make it a goal this autumn to get your affairs in order. This article will help you prepare for meeting with your attorney for estate planning. When you meet they will ask you all sorts of questions, and for you to supply a lot… Read More »

Dave Ramsey’s FPU Class, Insurance Lesson

The Dave Ramsey Financial Peace University multi-week class has an entire lesson on insurance, or risk management. Wisdom with insurance is key to financial planning to protect the things we own or our family from risk, using as few dollars as possible. To underline a few items from this lesson, and a few things I have a little… Read More »

Counting on Inheritances

Many people are counting on receiving an inheritance, therefore they don’t adequately make good financial plans. It isn’t unusual for some to not fund their retirement plans, because they think their parents are well off and will leave them enough money to live on. Parents though may not have as much money as we think… Read More »

Estate Planning for Blended Families

A marriage counselor friend of mine recently said that only 25% of households in some areas are made up of single people and traditional nuclear families of once married couples with their own children. The other 75% of households make up the rest of unmarried couples or remarried couples following separation, divorce or death, with children… Read More »

Estate Planning Documents Most People Need

Categories: Legacy

The following are the most common and basic estate planning documents. If you don’t have them, plan now to get them. If you do have them but it has been several years since they were updated, update them now. If you don’t have properly drawn-up documents, your family members will have great difficulty in planning… Read More »

What is Estate and Legacy Planning?

Categories: Legacy

Legacy planning is the new phrase that is used synonymously with estate planning these days, and is the general process of arranging your financial affairs in a way that reflects your main priorities and values. People often think about wills and trusts, and this type of planning will always incorporate that, but the documents are… Read More »