Studies have shown that 70% of family wealth is lost by the end of the second generation and 90% by the end of the third. You need to understand, and work to overcome, the disconnect that occurs between generations regarding…
Estate planning is much more than simply drafting a will and leaving it at that. If you’re a parent, you want to make sure you’re putting your children in the best possible position for decades to come. If you’re a…
As the federal estate tax exemption has ballooned, the need for estate tax planning has drastically decreased. Instead, higher income tax rates that were ushered in under the American Taxpayer Relief Act of 2012 (ATRA) have shifted the focus of…
As the season changes from summer to fall, many families say goodbye to their kids as they leave for college for the first time. For many kids, this is their first time they are away from home for an extended…
No matter how good you are are planning, other people are almost always affected by your decisions and actions as well as your success and failures. The people who are affected are often the ones we care about the most…
During your lifetime, your retirement account has asset protection, but as soon as you pass that account to a loved one, that protection evaporates. One lawsuit and POOF! Your lifelong, hard-earned savings could be gone. Fortunately, there is an answer.…