Having a Business Succession Plan is Not Just for You
November 26, 2019
As closely held business owners know, their financial plans, retirement plans, and estate plans are inextricably linked to the value of the business.
Downs Law Firm, P.C.
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Sharing Legal Documents and Passwords
November 18, 2019
Safe and shareable password storage is vital in today’s computerized world. The old solution–writing down passwords on paper set next to your keyboard–is not safe, not adequate, and not shareable.
Why A Health Care Power of Attorney Makes Sense
November 11, 2019
If someone has lost capacity to execute legal documents and has no power of attorney in place or has a power of attorney that is no longer usable (for example, if the named agents are deceased), a guardianship proceeding may be the only recourse.
Too Busy for Retirement Planning?
November 6, 2019
Going straight from a busy work life to ‘retired’ can be difficult if you haven’t mapped out your path. Preparing yourself effectively involves both financial and lifestyle choices.
What is the Average American Saving for Retirement?
November 5, 2019
What is the size of the average retirement nest egg? It depends on what you mean by ‘average.’
You Can Protect Pets with a Pet Trust
November 4, 2019
For most people, pets aren’t just animals–they’re the excited ‘hello’ when we get home from a long day of work, our jogging partners, our best friends, and part of the family.
Special Needs Child Requires Care-Filled Planning
October 30, 2019
As our children with disabilities grow older, and we ourselves grow older, the future can seem daunting. The future can be overwhelming.
Two-Thirds of Americans Have No Estate Planning
October 17, 2019
Seventy-seven percent of respondents in a recent survey said estate and legacy strategies were important for everyone, not just wealthy individuals, yet only 24% said they had taken the basic step of designating beneficiaries for all of their accounts.
Can You Make a Temporary Change to a Will?
October 8, 2019
I admit that this question stumped me. It was not so much because of what you are asking, but rather why you are asking it in the first place. I’ve tried to come up with a scenario why someone would want to change their will temporarily, but I have come up blank.
Ignoring Beneficiary Designations Is a Risky Business
October 7, 2019
We are programmed to contribute the “max” to our retirement accounts, but we disregard, or do not understand, the pitfalls of improperly filled-out beneficiary forms.
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