Estate Planning

A $1,000,000 Mistake Plus a Few Estate Planning Tips

A guilty pleasure from which I take some satisfaction is reading the r/Marriage subreddit (that's a message board on Reddit.com) in my nightly quest to reach the end of the internet. Normally, it is posts such as “I think my wife is having an affair with the cook at The Waffle House” that help me realize that I’ve probably got it pretty good in the marriage department. But occasionally, I’ll see a post or comment that is also excellent advice. That was the case recently when a widow from Texas posted, “Remembering the good times and sharing some advice for couples.”

Death, Taxes, and Death Taxes

…in this world nothing can be said to be certain, except death and taxes.

— Ben Franklin

The quote above, attributed to Ben Franklin, is a well-known excerpt from a letter to French scientist Jean-Baptiste Leroy in 1789 where he discussed the new Constitution that had recently been adopted in the United States.

President Joe Biden has proposed plans in his first few months in office that may pair those events even more so than Franklin may have imagined.

It's a Great Friday for 6 Estate Planning Tips

Planning for death is not a light topic, nor is it one that many of us care to discuss unless we experience events that jar us into action. For example, it is common to buy life insurance upon the birth of a child or create a will upon the death of someone close to us. But there are many other considerations that we should regularly take into account, and today is a Great Friday to take a look at our own plans.