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Tag: Children

What and When Should You Tell Your Children About Their Inheritance?

Posted on June 22, 2020 | by Tom
Not many parents like to talk to their children about their wealth. How much money people have is usually considered a private matter, something it’s not polite to talk about. But not talking to children about how much they may inherit can leave them unprepared to handle even a modest Continue reading →
Posted in Estate Planning | Tagged Children

Naming a Guardian for Your Minor Child(ren)

Posted on August 14, 2019 | by Tom

Parents with minor children need to name someone to raise them (a guardian) in the event both parents should die before the child becomes an adult. While the likelihood of that actually happening is slim, the consequences of not naming a guardian are great.
Continue reading →

Posted in Estate Planning | Tagged Children, Guardians

10 Things To Do Before the End of This Year

Posted on November 15, 2012 | by Tom

The end of the year will be here before we know it. But there is still time to meet some major estate planning goals. Here are ten things to do before the end of 2012.

1. Have your estate planning done. Set the end of the year as your deadline to finally get this completed. If you Continue reading →

Posted in Estate Planning | Tagged Children, Estate Tax, Gift Tax, Health Care, Life Insurance

Treating Children Fairly Does Not Necessarily Mean Equally

Posted on September 3, 2012 | by Tom
Most parents want to treat their children fairly in their estate planning, and many assume that means having their children inherit equally. But fair does not necessarily mean equal. There may be special circumstances to consider.

For example, parents may want to provide more to a Continue reading →
Posted in Estate Planning | Tagged Children

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