Kids look to us to learn about life and they pick up far more from us about what we do then from what we say. Accordingly, we can best teach our children to be money savvy by modeling the habits we want them to take on for themselves and by involving them in the process. A good place to start is by being transparent about your financial habits when the opportunities arise.
Yours, mine and ours … in today’s modern family, it’s oh so common. The blended family is the product of 2nd (or more) marriages, in which one or more of the parties comes with children from a prior marriage. And then, they may even go on to have children together.
Dealing with the financial stressors of caring for an aging loved one can affect your ability to provide them with the care and compassion they need. It can also put the security of your financial future at risk.
To mitigate these concerns, consider these useful tips to help you make informed decisions about how to protect your future retirement plans while caring for your senior loved one.
Varela Law is excited to announce that we've been awarded a Clients' Choice Award by Avvo. Thank you to our amazing clients who entrusted us with their estate planning and refer their family and friends to us. We are grateful for the opportunity to serve families and help people protect everything they own and everyone they love.
A trust is a legal creation set up to benefit someone or something. For example, some people set up trusts to benefit their children, their grandchildren, or even charities. It is easiest to understand if you think about three separate people being involved.
In the process of becoming new parents, many couples become experts at planning – scheduling the birthing classes, planning the new nursery, even picking out a preschool. There is so much to think about before you welcome your new child.