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Should I Ask Mom and Pop about Their Finances?

Daughter talks with mom about estate planning on the couch.

There are now more than 70 million Baby Boomers in the U.S. However, millions of adult children may not be prepared to make important decisions about their parents’ future if necessary, because of a lack of knowledge about their parents’ finances.

When Should I Update My Will?

Three generations - when should they update their wills?

There are some obvious triggers that might prompt you to update your will, such as changes in health or marital status. There are, however, also some not-so-obvious ones to be aware of, according to financial planners and attorneys.

Here’s Why You Need an Estate Plan

estate planning

No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.

How Should I Handle Memorabilia in My Estate Planning?

Sports Memorabilia like NBA, NFL, and MLB trading cards.

Memorabilia collections, by their nature, are specialized and unique. When considering your estate planning, it’s important to think about what you require of your beneficiaries — if you’re not planning on selling your collection — and how you can make that process as easy as possible for your family. What will your spouse or children have to deal with as they dispose of the items?

Actor Ray Liotta’s Legacy

Ray Liotta Estate Planning Funeral

After years of toiling away in the entertainment industry, Ray Liotta was able to build up an impressive net worth.

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