It’s so common that estate attorneys call it the “I Love You” Will. If you die, you leave everything to your spouse; in the event your spouse dies first, you leave it all to your children. But this simple strategy could lead to unexpected problems for the simple reason that life isn’t always so simple.
One of the most important — and ignored — aspects of financial planning
is estate planning. Yes, we all have an estate (our stuff), and yes, we
will all reach the time when it will be distributed to others.
Unfortunately, this very important aspect of planning is often left
undone. When meeting with new clients, we often discover they have no
estate plan or instructions in place for the disposition of their assets
or guardianship for their minor children.
A record number of people turn to CCCS for housing and financial assistance. Consumer Credit Counseling Service of Delaware Valley (CCCS) is a non-profit organization providing credit counseling and financial education services.
Higher credit card interest rates, involuntary closed accounts, and reduced credit limits are negatively impacting consumers and their credit reports. There has never been a more demanding time than now for American consumers to GET SMART ABOUT CREDIT™ and develop a SMART Debt Management Plan™ to get out of credit card debt.
If you found yourself among two groups of people, do you think you’d be
more likely to be among the group consisting of 70 people or the group
of 30 people? Statistically, of course, you are much more likely to be
in the larger group.
It’s so common that estate attorneys call it the “I Love You” Will. If you die, you leave everything to your spouse; in the event your spouse dies first, you leave it all to your children. But this simple strategy could lead to unexpected problems for the simple reason that life isn’t always so simple.
