For the Love of Your Family

Articles to LIFT Your Family

Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 2

Last week, we shared the first part of this series on the dangers of do-it-yourself estate planning. Here, we’ll look at how online legal documents can even put your minor children at risk. Given how far web-based technology has evolved, you might think online legal document services like LegalZoom® and WillsandTrusts.com have advanced to the […]

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Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 1

Do a Google search for “online estate planning documents,” and you’ll find dozens of different websites. From Legal Zoom® and Willing.com to Rocket Lawyer® and Willandtrust.com, these do-it-yourself (DIY) planning services might seem like an enticing bargain. The sites let you complete and print out just about any kind of planning document you can think […]

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Can I use estate planning to provide for my pet’s care after my death?

Q: Can I use estate planning to provide for my pet’s care after my death? -Dog Lover A: Dear Lover: Yes, you most certainly can use estate planning to make sure your pets are taken care of when you die or in the event of your incapacity. And the best way to do so is […]

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4 Year-End Tax-Saving Strategies for 2019

As we head towards the end of the year, we’re fast approaching the deadline to implement your family’s tax strategies for 2019. The Tax Cut and Jobs Act (TCJA) completely overhauled the tax code, and if you’ve yet to take full advantage of the benefits offered by the new tax law, now is the time […]

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Lifetime Asset Protection Trusts: Airtight Protection For Your Child’s Inheritance – 2

In the first part of this series, we discussed a unique planning tool known as a Lifetime Asset Protection Trust. Here we explain the benefits of these trusts in further detail. If you’re planning to leave your children an inheritance of any amount, you likely want to do everything you can to protect what you […]

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Lifetime Asset Protection Trusts: Airtight Protection For Your Child’s Inheritance

As a parent, you’re likely hoping to leave your children an inheritance. In fact, doing so may be one of the motivating factors driving your life’s work. But without taking the proper precautions, the wealth you pass on is at serious risk of being accidentally lost or squandered. In some instances, an inheritance can even […]

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Understanding Your Life Insurance Settlement Options

Following the death of the policy holder, the way in which proceeds from a life insurance policy are paid to the beneficiary (or beneficiaries) is known as the settlement option. And you might be surprised to learn that there are a variety of settlement options available besides the most common method—a lump-sum payout. Depending on […]

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Who Will Be Emani’s Legal Guardian After the Death of Her Dad?

In the aftermath of rapper Nipsey Hussle’s murder this March, his family and ex-girlfriend have been locked in a bitter battle for custody of one of his young children. And as this ugly drama plays out in the courtroom and tabloids, it highlights the single-most costly estate-planning mistake a parent can make. Hussle, 34, whose […]

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What does an executor do?

Q: What does an executor do? -Will writer A: Dear Will:  An executor is the person named in your will to administer your estate upon your death. The executor’s primary responsibility is to carry out the wishes spelled out in your will, ensuring that your assets are distributed to the intended beneficiaries.  An executor’s duties […]

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Is Platonic or Co-Parenting Right For You?

With societal attitudes about love, marriage, and parenting constantly evolving, our perception of what constitutes “family” is becoming more and more flexible. As family structures become more varied, we’re learning that when it comes to raising children, the marital status, gender, and even relationship status of the parents matters less and less. What children need […]

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Use Estate Planning to Ensure Your Legacy Doesn’t Get Erased

When you think about those loved ones who’ve passed away, you probably don’t think very much—or even at all—about the “things” they’ve left you. And when they do leave something behind, what you likely cherish most about the object are the memories and feelings it evokes, not the thing itself. For the founder and CEO […]

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