Establishing a Future Guardianship For Your Children from Anderson, Dorn & Rader, Ltd. One of the common reasons parents put off planning for guardianship of their children is that they are looking for the right person. Of course, you want someone who will raise your children with the same values you hold, but finding the perfect fit may not be possible. In fact, it is not very likely. Instead, you need to find someone who has a similar belief system and who is also willing to instill in … [Read more...] about Establishing a Future Guardianship For Your Children
The dynamics of a “blended” family make estate planning for such families a particular challenge. But, with blended families becoming more and more common, being able to create an effective and comprehensive estate plan for these special families has become more important. An attorney with experience in estate planning for blended families can help you create an estate plan that fits the needs of everyone you love. What is a “blended family” exactly? A family where at least one spouse has at … [Read more...] about Estate Planning for Blended Families!
Estate planning involves confronting some sensitive matters. For many people considering marriage, one such issue is the decision to ask your spouse-to-be to enter into a premarital agreement. Those who are entering into a first marriage without a lot of assets and no children may not need a premarital agreement. However, if you're getting remarried after you have enjoyed financial success throughout your life, the decision becomes more complex. This is amplified if you have children from a … [Read more...] about Are Premarital Agreements in Poor Taste?
There are a lot of details to take into consideration when you are planning your legacy, and the best way to address them is with the assistance of an experienced estate planning attorney. Rather than being consistently confronted with a series of unanswered questions as you think things through it is much simpler and more efficient to sit down with a legacy planning professional and work through the process from an informed perspective. Experienced estate planning attorneys know how to proceed … [Read more...] about Providing For Minor Children
We often talk in estate planning circles about preparing your assets for distribution to your loved ones. Depending on your personal wishes and the size and scope of your estate, in most cases this is going to refer in large part to your children and grandchildren. However, we live in an era when the typical family is not necessarily comprised of a single patriarch and matriarch. These days more than 4 out of every 10 marriages ultimately terminate in divorce. Divorce itself creates the need for … [Read more...] about Estate Planning For Blended Families