3 Ways to Plan for Incapacity
As part of your financial and estate planning, you should make arrangements for your care, in case you become incapacitated.
Ethan Huizenga
June 7, 2020
Charitable Giving and Estate Planning
Charitable giving comes in many forms. Some people donate annually to their favorite charities, while others may volunteer their time or professional services.
Ethan Huizenga
June 6, 2020
How to Avoid Beneficiary Designation Problems
Most consumers are familiar with the beneficiary designation form they complete when opening an IRA or 401(k). The form designates who receives the asset, if the account owner dies. However, these forms can create confusion, unintended bequests and family turmoil, if not adequately monitored.
Ethan Huizenga
June 5, 2020
How Do Farmers Start an Estate Plan?
Planning for the end of your life can be intimidating. When you are a farmer, your business is not only your livelihood and your passion, but, often, it is also intermingled with your family life. For that reason, estate planning — arranging for the management of your assets once you die — is especially important for aging farmers.
Ethan Huizenga
June 4, 2020
9 Steps After a Loved One Dies
When a member of your family dies, you could be left to pick up the financial pieces. Finding all the information you need can be challenging.
Ethan Huizenga
June 2, 2020
8 Things a Power of Attorney Agent Should Do
Has a loved one named you their financial power of attorney? Are you ready to take on all the responsibilities that entails? Hopefully, you won’t be called into action anytime soon, but with the coronavirus pandemic continuing, it’s something to think about.
Ethan Huizenga
May 31, 2020
Does Your Estate Plan Need a Will or a Trust?
One of the most fundamental choices you can make as you’re thinking about how to pass your assets on to heirs, is whether you hold assets in a revocable trust or more simply give them via a will. Both approaches have advantages, although trusts can provide significantly more benefits.
Ethan Huizenga
May 19, 2020
Five Common Estate Planning Mistakes
When is the last time you updated your will? Could your beneficiaries have changed? If you have a trust, did you actually fund it? Is your plan ready for the new SECURE Act? Here are five mistakes you don’t want to make.
Ethan Huizenga
May 12, 2020
Do I Need to Be Wealthy to Set Up a Trust?
If you’ve heard of trust funds but don’t know what they are or how they work, you’re not alone. Many people know just one key fact about trust funds: they’re set up by the ultra-wealthy as a way to protect passing on significant sums of money to family, friends or entities (charities, for example) after they pass away.
Ethan Huizenga
April 30, 2020
COVID-19 UPDATE: Will Might Not Be Enough
Amid the climate of uncertainty surrounding the coronavirus pandemic that is sweeping the nation, people are grappling with the difficult subject of estate planning … and not taking any chances.
Ethan Huizenga
April 24, 2020
