Some of the clients who seek our estate planning advice are parents of small children whose primary goal in creating an estate plan is to protect their children. This includes providing for their immediate financial needs, ensuring they will have the means to receive an education, and so forth, but often the very first question these… Read More »
Posts Tagged: guardian
The Wall Street Journal: Every Child Deserves a Little Trust
If you’ve been weighing the pros and cons of setting up a trust for your young child, wondering if you really have enough assets to warrant such an expense, you must read Stacey L. Bradford’s recent article in the Wall Street Journal entitled “Deciding if Your Kid Is Trust-Worthy”. In her article Bradford explains why… Read More »
Procrastination is Not a Planning Tool
The number one reason that people die without protecting their assets or their heirs is not that they lack the money to create an estate plan, and it’s not that they don’t know that they need one, or how to create one—It’s procrastination. Most people who die without an estate plan in place do so… Read More »