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Showing posts from July, 2017

How to Incorporate Family Values in Your Estate Planning

Baby boomers know money isn’t the only important aspect of estate planning. A 2012 study released by the Allianz Life Insurance, Co. showed baby boomers wanted to leave their family more than just financial assets. Researchers found baby boomers identified family values as some of the most important things to pass down to heirs. In 2012’s economic climate, it’s no wonder family values imparted through stories, life lessons, and family possessions were at the top of the list. In an economic downturn, financial inheritances are more tenuous, unlike the abiding worth of family values. Thus, family values, tax-free of course, made the top of the list in importance. But what is interesting is a similar study released by Allianz in 2005 which showed family values were also among the most important legacies boomers wanted to leave behind, even though the economy was more robust. What these studies demonstrate is the enduring importance of family values, morals and meaningful possessions as part …

Commit to Your Estate Plan Before Committing to a Trip Away

If you are planning a vacation, you probably have a lot to prepare for before you get away. Between structuring your itinerary, getting plane tickets or train reservations, and booking hotels, creating an estate plan is probably not something you thought to add to your to-do list. But, think again and consider that now is the time to take action on this vital piece of your legal life planning.
If something were to happen to you while away on vacation, whether an illness, injury or even death, your family would be stuck with a huge mess to clean up.
The Barber family of Southern California is an unfortunate example. Mom, dad and three kids went on a roadtrip to Arizona where they were in a terrible accident. Mom and dad died, and their three boys were injured, but alive.

It took the authorities a couple of days to locate any relatives, during which time the boys were in the protective custody of strangers. A fate no parent ever wants for their children in a time of tragedy, fear and grie…

How to Change Your Name after the Wedding or Divorce

If you are Jason Bourne or some other international spy with numerous fake passports, please disregard this article and go about shooting bad guys in unrealistically spectacular fashion.  For everybody else, primarily brides and divorcees, the following may help you more efficiently change your name.Although it may appear overwhelming, thankfully it’s a fairly simple process if you have what you need at the outset.

1) You need proof that your name has changed.  Brides should purchase several certified copies of the executed certificate of marriage and divorcees should purchase several certified copies of the final order.  Buy more than you think you will need so you will not have to return later for more copies.
2) Start using your name immediately.  Social media is usually the fastest and easiest way to notify all your friends and acquaintances at once (thus eliminating the necessity of formal announcements). This will also motivate you to complete the rest of the process!
3) Notify ap…