Avoid These Common and Expensive Mistakes: How to Leave Assets to Minor Children

KEY TAKEAWAYS A simple will may not be enough when leaving assets to minor children. Your child’s guardian does not automatically control their inheritance. Court oversight can reduce the inheritance you intended for your child. A trust gives you greater control over...

Types of Life Insurance and How They Can Be Used in Estate Planning

KEY TAKEAWAYS Life insurance should evolve with your life. The lowest-cost option is not necessarily the right long-term choice. Different policies involve different levels of flexibility, risk, and responsibility. Life insurance can help protect assets you want to...

A Dementia Diagnosis Changes More Than Healthcare: Seven Legal Moves to Make While You Still Can

KEY TAKEAWAYS A dementia diagnosis does not automatically mean loss of legal capacity. Medical diagnosis and legal capacity operate on different timelines. Waiting can significantly reduce a family’s options. Several legal and financial matters should be reviewed...