Blog
Blog
Welcome to the insight Blog, which highlights thoughts and articles concerning a wide range of topics including estate planning, financial planning and management, life stages, and inspiration.
Feeling the Urgency to Get to Estate Planning
COVID-19 has upended our plans and shifted our priorities. One task that has climbed up on the to-do list is to get to the estate planning that many have wanted to work on, but there were countless reasons why it remained undone. In recent weeks, many have...
Thoughts About Using the Would-Be Inheritance to Share Experiences Together
The linked article's discussion about spending part of a would-be inheritance on experiences shared with the grandchildren is worth consideration....
Tales of Inheriting the Family Vacation Home
The linked article raises a lot of important points to consider before assuming that children want the family vacation home. Additionally, family discussions that take place when the older generation can hear the thoughts of younger generation can be pivotal for...
“Living Apart Together” – the State of Gwyneth’s Marriage & Assets
Where we live has consequences. The linked article notes some of the impacts of choice of residency on marriage and/or divorce.
Important Tax Information to Be Aware of Before Making Gifts to Younger Generations
The linked article provides some helpful examples that shed light on information to be aware of when considering making gifts to younger generations....
Combining Finances in a Second Marriage?
Often, couples are not aware of what legally happens to finances when one marries. This is important information to be aware of especially in California, a community property state. Additionally, there is important information to be aware of when one enters a second...
A Popular Question – When Should One Review a Will?
It is common, as noted in the piece, that a review of one's Will every three to five years is a good rule of thumb if there are no milestones (marriage, birth of child) that occur in that time. However, we encourage that one review a Will (which should be one part of...
Should Parents Spend the Same Amount of Money on Each Child?
This question is a good one for every parent to consider. The answer may be easier to reach when there are factors such as illness or other challenges that make the analysis less debatable. However, when that is not the case, the answers may be less clear cut...
Whether to Discuss Inheritances with Adult Children
The linked article touches on whether one should discuss plans specifically with adult children. This will vary for a number of reasons including what is the nature of the relationship and privacy concerns. However, it is usually helpful to inform adult children...
When One Spouse Handles Money
This piece is helpful because although it is natural for one spouse to be the usual go-to for a variety of household tasks, in the area of finances, it is extremely important that the lesser involved spouse has a general understanding of where accounts are kept, the...
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