Former president Dwight D. Eisenhower once said, “Plans are nothing; planning is everything.” Financial planning can be a crucial component to alleviating stress on your loved ones upon your passing or incapacity. One of the biggest stressors when administering an estate is finances.
Do you have an autistic child who is about to celebrate his or her 18th birthday?
Do you have the medical power of attorney for your mother, father or another relative who is in a nursing home?
Most people who die behind bars after decades of incarceration have little to bequeath anybody.
The Tax Cuts and Jobs Act of 2017 changes nearly every aspect of estate plans and wills. There are many new opportunities to pass on your business, property, and other assets to be sure that it stays in the family.
It doesn't matter how old you are or how little you have, an estate plan is one of those things that you really need to consider once you cross the threshold from childhood into adulthood.