What should you do if your co-parent criticizes you to your kids?
Not everyone leaves their wealth to their children
This is the year that you finally sit down with an attorney and develop your estate plan. You've worked hard your entire adult life and have a fair amount to show for it. Should you leave your assets to your children and grandchildren when you die or to charitable organizations whose work you support?
Meeting your co-parent halfway for custody exchanges
Taxes are not the only issues your estate plan should address
For many who decide to create an estate plan, their objective is to avoid the heavy burden of estate taxes. To this end, they may create trusts for their assets or find ways to protect their business from the federal estate tax, which can be significant for those whose estates qualify. However, if you are concerned about factors that may siphon money from your heirs, you may want to consider your heirs themselves.
Revising your estate plan can spare your loved ones
Perhaps you enjoy the feeling of accomplishment when you have completed something difficult but important. You may have experienced that feeling when your child graduated from college or when you paid off your own student loans or your mortgage. Many people have this feeling when they have completed their estate plan, having protected their assets and provided some comfort and stability for their families.
