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July 2014 Archives

Young children affect estate planning

Planning for the future includes a wide variety of considerations. One is the age of children that will need to be provided for if their parents pass away. If sons and daughters will be adults at the time, they may be able to handle managing inherited funds directly. However, if they are very young, estate planning will need to take a different approach.

Tips for women doing estate planning

The demographics of wealth in the United States are changing rapidly. Increasingly, women control financial resources that in many cases are greater than those of their significant other. Indeed, one estimate claims that women currently control $14 trillion worth of assets with that figure projected to grow to as much as $20 trillion in the next six years. This has substantial effect on estate planning by women, since they now have more resources to actively manage.

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