Kelly and Peggy will be joining Tracy Burgett in providing financial planning strategies including financial goals analysis, estate planning, education planning, tax efficiencies, college savings, social security, and executive compensation for clients.
According to USA Today, nearly two-thirds of Americans don’t even have a will, perhaps the simplest estate plan. Moreover, estate planning is more than just creating a will, it involves other important documents such as powers of attorney (POAs), advance healthcare directives, and trusts, in some cases.
Joan River’s recent death illustrates a sad reality of life. We never know when our last day on earth will be.
While we can’t control that, we can control how well prepared we are to pass on our estate to our heirs and to make the transfer much easier for them.
It’s much easier to spend money than to save it.
And that’s particularly true for individuals who have received a financial windfall.
Squandering large amounts of money can be easy when the money appears suddenly. And that’s true whether the windfall is $50,000 or $5 million.
Think estate planning is just for boomers and retirees? Think again. Even young adults can benefit from taking some basic estate planning steps. Find out what estate planning steps are right for the under-30 set.