When you were a kid, your parents dreaded the talk they had to have with you. You know the one. Well, now that you are an adult, there’s a talk you need to have with your parents that is likely to be just as squirm-worthy – which is why so many of us put it off.
Spring has officially sprung and that means it’s spring cleaning time. Shake out the rugs, clean out the cupboards, and get your legal and financial affairs in order.
For plenty of folks, it’s easy to know what to do when it comes to home organization, but the idea of legal and financial ordering can be complex and confusing.
This article will give you a few places to start:
Young families face different estate planning needs and challenges than those who have had a long life behind them. While established families may be concerned about what will happen to their family when they pass on, young, growing families can be more focused on what is happening to their family in the present. And you even may find it hard to justify planning for an “estate” you haven’t yet established!
If you’re like me, you want to leave an inheritance for your children. It’s likely part of what you are working so hard to do. But, far too often, the way we leave those inheritances actually does more harm than good. Something no parent wants.
This is your letter of permission to go ahead and simply love your children.
Put down those expectations that are ingrained in someone else’s idea of what it means to be successful in the world and stare a few moments longer into the precious eyes of the child who stands before you.
Believe it or not, you have an estate. In fact, nearly every adult does. Your estate is made up of all that you own— your home, checking and savings accounts, retirement accounts, life insurance, furniture, personal possessions, etc. No matter how big or small – we all have an estate.