Caldwell Law is committed to providing our clients with resources to help them best understand their estate planning. our blog posts are meant to encourage you to think critically about various aspects of estate planning and to strive to learn more.
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Many young families put off estate planning because they are young and healthy, or because they don’t think they can afford it. But even a healthy, young adult can be taken suddenly by an accident or illness. And while none of us expects to die while our family is young, planning for the possibility is prudent and responsible. Also, estate planning does not have to be expensive; a young family can start with the essential
Revocable Living Trusts have become the basic building blocks of estate plans for people of all ages, personal backgrounds, and financial situations. For some, however, a Revocable Living Trust may not be necessary to achieve their estate planning goals or may even be detrimental to achieving those goals. WHAT ARE THE ADVANTAGES OF A REVOCABLE LIVING TRUST OVER A WILL? Revocable Living Trusts have become popular because when compared with a Last Will and
A recent study conducted by Texas Tech University concluded that a person’s ability to make smart financial decisions peaks at age 50. This decline was observed in both men and women, showing that both sexes are equally vulnerable to financial fraud as they age. 4 TIPS FOR PROTECTING YOUR FINANCES FROM SCAMS, SHAMS AND SCHEMES AS YOU AGE In “4 Ways to Protect Your Retirement Money From Scammers (and Your Future Self)” (Time.com), Liz Weston
A resume is a ‘snapshot’ of your experience, skill set, and education which provides prospective employers insight into who you are and how you will perform. Imagine not updating that resume for 5, 10, or even 15 years. Would it accurately reflect who you are? Would it do what you want it to do? Likely not. Estate plans are similar in that they need to be updated on a regular basis to reflect changes in