Between one-third and two-thirds of Americans do not have a will — a legally binding document that records your wishes about the distribution of your property and assets after your death. Wills are not just about your material things; they are also about people. Wills allow you to name a guardian for minor or disabled children. Wills also allow you … Read More
How Divorce Can Affect Your Finances Later in Life
Divorce is generally a tumultuous time, no matter when it occurs. Financial issues are a common cause of strain during the divorce process, from how resources will be divided to alimony or childcare payments and which assets are included in the calculations. But you may be surprised to learn that those who divorce after the age of 50 are in … Read More
Using Estate Planning to Prevent Family Conflict
“My kids all get along great and would never fight or argue about the disposition of my estate after I’m gone.” This is a very familiar statement made by clients to their estate planning attorneys. Unfortunately, the reality is oftentimes very different from our perceptions and hopes. There is no question losing a parent is one of the most difficult, … Read More