We are pleased to welcome Scott Hendrix, Wealth Manager at Upstream Investment Partners, LLC, to share some valuable insights on how to track down unclaimed assets. Do you have money waiting to be claimed? You’ve worked hard for what you’ve earned, but are you missing out on something? Whether you…
“The 21st century has been marked by a generation of resourceful self-starters. With the advancement of technology and widespread social media outlets, there are unlimited resources available with how-to instructions for just about anything. The do-it-yourself concept has spilled over to legal services. Online services attempt to streamline the process…
“When the time came for my mother to make the decision to end life support for my dad, she kept repeating that he had a living will and this is what he wanted. In all my years of practicing law, and after all the living wills and health care proxies…
“Grandparents and parents may not know the best way to pass down their wealth to the next generation, which involves more than minimizing estate taxes that will be owed on the inheritance. When one dies with considerable assets, they have several options for places to leave their money, including to…
“For many, dividing the inheritance equally among their offspring is a deeply held value. But it isn’t always easy: What if one child is a successful professional with a good pension plan, and the other is a struggling artist who may never have adequate health coverage? Or perhaps one daughter…
“Your house, and what it contains, is a minefield in the eyes of your grown children. Your grown children will not agree to be the recipients of your downsizing if it means their upsizing” – Elizabeth Stewart 10 things your kids don’t want to inherit
“Life is more complicated for families who have a loved one with a disability. From finding the right medical professionals and the right schools or other programs, to obtaining necessary therapies and services, people with disabilities face additional steps, extra time, and a need for specialized knowledge at every stage…
“A lot of people don’t realize how long they may live,” said Andrew Crowell, vice chairman of wealth management at D.A. Davidson & Co. Americans are living longer — the number of 65+ year olds grew from 8% to 12% of the total population between 1950 and 2000, and is…
“The key to avoiding costly estate planning mistakes is generally a willingness to spend the time and the resources to ensure the family is protected in the event of their death or incapacity. Often, a little time and money spent planning can prevent spending a lot of time and money…