Are you communicating your health care wishes to your loved ones and health care professionals? Watch this Tedx Stanford with Tom Brokaw and his daughter, Dr. Jennifer Brokaw, discuss the importance of communication of your end of life wishes with family and medical professionals. … [Read more...] about Living Wills and Advanced Directives – a MUST SEE for everyone
State of the Union Proposals Could Impact Your Estate Plan
By Matthew T. McClintock, J.D. Vice President, Education, WealthCounsel In his 2015 State of the Union Address, President Barack Obama proposed a major change to the tax treatment of inherited assets that could impact many estate plans. Under the president’s plan, the step-up basis rule for capital gains—pejoratively referred to as the “trust fund loophole”—would end. Currently, capital gains taxes owed on assets held at death essentially disappear. To read more please click here.... … [Read more...] about State of the Union Proposals Could Impact Your Estate Plan
Three Estate Planning Items Everyone Needs
By Matthew T. McClintock, J.D. Vice President, Education, WealthCounsel Many people mistakenly believe that estate planning is only necessary for the wealthy. In reality, a basic estate plan is essential for everyone, regardless of income or net worth, because we all want to minimize confusion, unnecessary costs, and stress for loved ones after a death. As discussed in a recent Yahoo! Finance article featuring WealthCounsel, estate planning can be a difficult topic for many families to address, … [Read more...] about Three Estate Planning Items Everyone Needs
What is Estate Planning
Believe it or not, you have an estate. In fact, nearly everyone does. Your estate is comprised of everything you own— your car, home, other real estate, checking and savings accounts, investments, life insurance, furniture, personal possessions. No matter how large or how modest, everyone has an estate and something in common—you can’t take it with you when you die. To read more about what estate planning is and how we can help click here... Article from estateplanning.com … [Read more...] about What is Estate Planning
Why We Procrastinate about Estate Planning
Unfortunately, a lot of people haven’t participated in any meaningful estate planning. Most will readily admit it is something they need to do, but they keep putting it off. Why? Here are some of the more common reasons why we procrastinate about estate planning—and some information that just might get you moving. It’s expensive. Granted, a lot of people don’t have extra money lying... Read more here: http://www.estateplanning.com/why-we-procrastinate-about-estate-planning/ … [Read more...] about Why We Procrastinate about Estate Planning
