A child’s financial future can be daunting in and of itself but adding in special needs for your loved one can create additional nerves and anxiety. Parents often have critical questions about who will care for the child and how the child’s needs will still be met in conjunction with qualification for government services. Parents… Read More »
Monthly Archives: June 2017
How to Use a Revocable Trust
A revocable trust might also be referred to as an inter vivos trust or a living trust. This is the kind of trust that can be updated at any point in time, meaning that you have greater flexibility over it. You might decide to make changes over who is listed as the beneficiary inside, and… Read More »
Estate Planning A Necessity for New Business Owners
A recent study conducted by RBC Wealth Management identified that even though nearly 40% of American business owners have a complete transfer plan, nearly half of them have not taken the necessary steps to make a will. Even though business owners are more likely to have a wealth transfer plan than their employees with half… Read More »
Why the Right Beneficiary in Your Life Insurance Policy Is So Important
If you have a life insurance policy and you have also outlined your intentions for someone to receive benefits in a will, bear in mind that the life insurance policy will revert to the beneficiary, both primary and contingent, that is named on your policy. This is regardless of what is stated in your will,… Read More »