In today’s digital era, the departed will be survived by their electronic footprints, such as iPhone photo albums, Spotify playlists—and cryptocurrency wallets.
We are approaching the biggest wealth transfer ever, as Baby Boomers prepare to hand off their life savings to their heirs. However, will their heirs actually get the full amount of the wealth intended for them…or will a large amount be lost to unnecessary taxes?
For most people, entering the realm of estate planning can feel a bit like traveling as a tourist into another culture. Because the language itself is unfamiliar, asking a question can result in an answer that is equally confusing.
Non-probate assets are those assets which do not go into an estate when the owner dies.
This is a great time to get organized with estate planning—it will make things a lot easier for yourself and your loved ones.
If you’re planning to leave your heirs any sort of inheritance, you’re already giving them a valuable financial leg up.
Most family members may not have a clue what we have floating out in cyberspace. Accessing or deleting accounts can be tricky for family members, if they don’t have your login credentials.
If you’ve ever spent time working through your estate plan, you know how important it is to select and update your beneficiaries.
At such an emotional time, more paperwork is probably the last thing you want on your to-do list. However, taking a few key steps is critical to your financial future.
Not having an estate plan can create problems for the people you love the most.
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