If you and your spouse are headed toward a divorce, there will undoubtedly come a time when you’ll have to explain this to your children. Use our steps below to carefully explain this process to them. 1. Tell The Children Together Consider the idea of sitting all your children down to give them the news…
Many parents tend to fear a divorce will ultimately damage their relationship with their children. The truth is, it doesn’t always have to be this way. With the collaborative divorce process, you and your spouse can maintain your valuable relationships during this difficult time. Rebuilding relationships with your family will undoubtedly require work, but it…
If you are wondering if you need a divorce lawyer when you and your spouse already agree on everything, the short answer is both yes and no. Yes, you need a lawyer if you wish to receive legal advice in order to avoid some major pitfalls of divorce. No, you do not need a lawyer…
Estate Planning is important at any chapter in life; however, it becomes even more vital when you have a loved one that has special needs. Putting the right plan in place means you can be certain that you’ve done everything in your power to safeguard them even when you’re no longer there. A Special Needs…
Your financial plan needs to have retirement planning for offering complete financial safeguarding. The requirement for retirement planning rises as the average life expectancy increases. In addition to providing financial safeguarding following retirement, a further source of income is vital. Retirement planning lays the groundwork for achieving life objectives, overseeing medical emergencies, and becoming independent…
What are digital assets in estate planning? Digital assets can be a wide assortment of electronic records and files that are stored “in the cloud”, on mobile devices, or on PC’s. Basically, just about anything you’re keeping as a digital record is deemed as a digital asset and something that needs to be accounted for…
There are countless ways to make a family, are there not? Blended families are typical, and that umbrella term usually refers to families comprising of married couples that have children from previous marriages. What to Focus on as You Plan for the Future Together There are many things to consider when Estate Planning for your…
Estate planning can take on a new level when you are a business owner. Besides a plan for managing personal assets, you also need to think about what will happen to your business in the future. Estate planning for business owners starts with knowing what your plan should comprise of and thinking ahead about potential…
Too many younger families postpone estate planning. Thinking about what is going to happen when you pass away may be unpleasant, however, having a proper estate plan is vital to prepare for the unforeseen. In the event of an ailment or accident, you should have measures in place to guarantee your spouse and children are…
Since an estate can’t be distributed to beneficiaries until the will goes through probate, the duration of the probate process directly impacts beneficiaries. When a loved one passes away and leaves behind a last will and testament, there are vital steps that are required to be taken for the will to be probated and its…
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