Wills – Estate Planning

Get Your Finances In Order!

October 6, 2011

Good Morning DINKS.  Today we are discussing a touchy subject.  I apologize if this seems grim, but our topic today is something that needs to be discussed.  During our lives we work hard and save our money, but what happens to our money in the After Life?  It is great to accumulate wealth, but what [...]

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The Financial Loss of a Life

May 2, 2011

Last Monday I lost my step brother in a tragic and fatal car accident, he was only 34 years old.   It was my step brother’s turn to go out and pick up lunch for his co workers; he was killed in a car accident on his way back to work from his lunch break.  I [...]

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Marrying into DINKS

October 22, 2010

My father is getting re-married next year.  Although I am less than thrilled about his decision, at the end of the day it is his choice. This past week I had a conversation with my Dad about our joint finances and his new family. I politely reminded him not to forget about his original family [...]

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Our Parents Estate

October 20, 2010

As you may know, my parents are divorced. As we grow older and our parents reach their retirements, we must start to plan our estates as well as our parents’ estates.  If your parents are divorced, how has their separation affect the way you have planned your estate? Estates will need to be allocated differently [...]

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Insurance in the Afterlife

July 29, 2010

Many of us wish to leave a financial legacy behind for our loved ones after we pass away.  Providing for our loved ones may come natural for most of us, and it usually doesn’t end upon death. If someone has not accumulated enough wealth throughout their lifetime to cover all final expenses, then life insurance [...]

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Drafting a Will and Keeping It Up to Date

April 28, 2010

This was not a topic that I had planned to write about this week but I felt the need to address the situation. As you know I work in a bank branch as a Personal Financial Planner. This past week I had two different clients come and see me with their children to get their [...]

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Wills – Continued Importance

September 13, 2007

Thanks for all of your great comments on the last posting about wills! Given the number, and breadth, of comments I thought it would be best to follow up with another post. Living Trust Yes, given the circumstances in Afghanistan we have certainly considered the question of “when to pull the plug.” The issue that [...]

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Wills – Supporting your Spouse

September 12, 2007

Part of marriage is supporting each other in sickness and in health. As little as anyone would like to think about it, this also should mean in death. The emotional and financial support that you provide for your spouse now should also extend beyond your life. Taking time to define this is part of sharing [...]

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The Basics of Getting Around Probate

June 21, 2007

Today’s posting is on a more esoteric part of personal finance: probate. Probate is the legal process of settling the estate of a deceased person. The word probate stems from the latin root probatus, meaning “a thing proved”(1). If there is a substantial sum of money or property to be transferred to ones heirs, the [...]

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