What Legacy Will You Leave Behind?

Each of us has the opportunity to build our own legacy. Our legacy is what we leave behind to our loved ones, and it’s the influence we have on them even when we’re gone from this world. When you plan your legacy, you consciously shape the way you’ll be remembered after you pass away. What…

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What Your Grandchildren Really Want from You

You’ve probably thought about what you want to leave your grandchildren in your estate plan, but have you also considered that there are other precious gifts you can leave them? Kiplinger’s article “What Your Grandchildren Really Want You to Know,” highlights the fact that grandchildren want to know a lot of information and knowledge that…

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Leaving a Legacy of Wealth and Values

Concerns about inherited wealth can be found among many parents (wealthy and otherwise) who wrestle with whether or not bestowing wealth upon their children or grandchildren will be a blessing or a curse. It especially an issue for the ultra-wealthy. So in August 2010, Bill and Melinda Gates and Warren Buffet created the Giving Pledge…

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5 Steps to Prepare Your Heirs for Their Inheritance

Studies have found that 70% of the time, family assets decrease significantly from one generation to the next, and have disappeared completely 90% of the time by the third generation. Case in point, Cornelius Vanderbilt, the railroad and shipping scion of the 19th century, left his vast fortune of $100 million to his heirs when…

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Charitable Giving on Your Mind?

In this season of giving, we often think about how we’re giving back to the world we live in. You might donate here or there during the year when you remember to, but you could develop a well-thought-out charitable giving plan that would benefit the charities of your choice as well as your estate. Do…

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Small Business Succession Plans

Small business owners generally work many long hours at growing their businesses, but often they don’t spend the time needed to think about what will happen to the business when they pass away. A succession plan is a key consideration for any small business owner. In some instances, it’s easiest just to sell the business…

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Charitable Giving Through Estate Planning

For many, charitable giving is a way of life. Whether it is to support an organization that has touched your life in a meaningful way, a school or university that put you on the road to success, or simply a cause that you feel passionate about, charitable giving not only offers emotional benefits, but practical…

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2016: The Year of Your Estate Plan

As outlined recently by Business Insider, even people who seem to have it all–famous and highly successful people–make New Year’s Resolutions. Interestingly, most of them focus not on how to make themselves better, but rather on how to help others. In fact, many of them focus on family and paying forward their good fortune. Why…

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Charitable Giving: The Greatest Gift

In this season of giving, it is important to recognize those who give back. Kirk Douglas, widely known for his lengthy career in the movies, can add one more star to his personal walk of fame and that is for his philanthropy. It’s a good idea to consider your charitable giving throughout the year, but…

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