Like any other complex subject, estate planning has its share of myths and misconceptions. Understanding the top three estate planning myths will help you to create and maintain a plan that will work the way you expect it to work when it’s needed.
During your lifetime, your retirement account has asset protection, but as soon as you pass that account to a loved one, that protection evaporates. This means one lawsuit and POOF! Your life long, hard earned savings could be gone.
If you have a pulse, you need an estate plan. Why? The short answer is “Everyone, age 18 and older needs an estate plan.” It doesn’t matter if you are old or young, rich or poor, if you have built up considerable wealth or if you are just entering adulthood — you nee...
Right now, I am sitting in my chair at home with a two-day old, beautiful, healthy baby boy laying peacefully on my chest and cooing in his sleep. My beautiful wife, Bre, is in the next room resting from the toils of labor.