How to Create a Business Succession Plan

Owning a business can be an all-encompassing task. When you are focused on the day-to-day management and administration of your business, it can be hard to think long-term about a succession plan. However, planning for the future of your business after your passing is crucial. Why Create a Succession Plan? Succession planning is important for […]

Why a Power of Attorney Is So Important for Your College Student

When most people think about estate planning tools such as power of attorney, they imagine that they are solely for people who already have children, who have significant assets, or who are nearing the end of their lives. However, you may be surprised to know that many estate planning lawyers also recommend that college students […]

What Single Seniors Need to Know About Their Estate Plan

Whether you’re a single senior who lives alone or one who lives with a partner, establishing a new estate plan or modifying an existing one is essential. You might wish to leave assets to your partner that they could not get through intestate succession, or maybe you have children you want to leave your assets […]

Is it Better to Inherit Stocks or Cash?

Inheriting any assets from someone’s estate could benefit a person financially. However, it can also create some challenges. Cash and stock inheritances come with various advantages and disadvantages. Although they provide the funds someone might need to pay necessary expenses or grow their portfolio, some complications could arise. When you’re inheriting either cash or stocks, […]