Jensen Estate Law
September Newsletter
Decoding Estate Planning: The Millennials Guide to Financial Security and Legacy Creation
Stepping into major life milestones like marriage, parenthood, or managing an investment portfolio, millennials often overlook one crucial journey: estate planning. This article unfolds the crucial aspects of estate planning, with a focus on how it adapts to different life stages, ensuring financial security and a protected legacy.
Guarding Your Children’s Future: The Pros and Cons of Trusts and Direct Giving
Planning for your children’s financial future is a crucial task that requires careful consideration. Two common strategies include leaving assets in a trust for your children or directly giving money to their guardian. Each method has its advantages and disadvantages, and the best choice depends on your specific circumstances and goals. This article delves into the pros and cons of each approach, providing valuable insights to help you make an informed decision.
What Not to Include in Your Estate Planning Documents
Estate planning aims to transfer assets to loved ones upon death, but avoid including sensitive information like Social Security numbers and account numbers to prevent identity theft. Likewise, refrain from making disparaging remarks in the will to avoid legal issues. Consult experienced attorneys for secure and comprehensive estate planning.
