Estate Planning Mistakes What are the biggest estate planning mistakes someone can make? Below is Welch Law’s Top 10 list based on our experience working with clients. 1. Not Doing One This is perhaps the most common estate planning mistake. Well over 60% of Americans under the age of 65 do not have an estate […]
trustee
Trust Fund Baby, Not What You Think
We have all heard negative connotations of the “Trust Fund Baby.” Some of you may have even heard a recent song on the topic (especially if you like boy bands). Unfortunately, this negativity causes many people to think they only need a trust if they are super wealthy. Nothing could be farther from the truth. […]
Do You Have an Estate Plan? “No, Because I Don’t Have an Estate.”
Do I need an Estate Plan? It was the spring of 2007 and Joe met with an estate planning lawyer for the first time. Joe was your average middle class guy. He was married to Sally and they had a little one on the way. Joe also shared custody of his daughter from a previous […]
Helping Sam and Julie Protect What Matters Most
Meeting Sam and Julie I was introduced to Sam and Julie by a mutual friend, John (all names have been changed). Sam and Julie wanted to protect what matters most to them, their children. So, we sat down to discuss their plan and how I could help. We went over their family dynamics, their financial […]
5 Steps to Take After a Loved One Dies
This article touches on the 5 steps to take after a loved one dies. Losing a loved one is never easy, regardless of when that time comes. If you’ve been nominated, or appointed, as the executor or trustee of your loved one’s estate, then you are not only faced with the grief that comes from […]