Estate planning attorneys focus on reminding clients of two basic and interrelated points: estate planning is not just for the wealthy, and everyone over the age of 18 should have an estate plan, no matter their financial situation. A will is essential whether your net worth is $1 million or $100. Individuals with a higher […]
Continue reading…The Wealth Counselor
School Is Back In Session
High School Seniors Can Use a Starter Estate Plan (Advisor Letter #1) As summer fades into fall and school resumes, millions of seniors are entering the home stretch of their high school careers and marking their official entry into legal adulthood at age 18. According to cognitive scientists, some individuals’ brains do not finish developing […]
Continue reading…Is a Will Right for Your Clients?
Every client, regardless of the size of their estate or their age, can benefit from a will that gives legal effect to their inheritance plan. Even if they have a trust to manage asset distributions, a trust cannot address every estate planning consideration. Wills have limitations as well, but they belong in a comprehensive estate […]
Continue reading…Debunking Common Misconceptions About Wills
One of the most common reasons clients think they do not need a will is that they do not have enough assets. High-net-worth clients tend to be more proactive about estate planning. However, misconceptions about wills abound, which is a big reason many Americans do not have a will. Misunderstandings about what a will can […]
Continue reading…Happy National Make-a-Will Month: Help Your Clients Celebrate with a Great Plan
A Financial Advisor’s Guide to Navigating Different Types of Wills Advisors should understand why most Americans do not have even the most basic estate plan in place. Advisors should also pay attention to the validity of wills for those people who do have a will or are engaged in the estate planning process. Will contests […]
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