Why So Much Money Becomes Unclaimed Property — And How to Prevent It
Every year, billions of dollars in financial assets end up in state custody as unclaimed property. Most people assume this only happens to others. In reality, it can happen to anyone. What Is Unclaimed Property? Unclaimed property refers to financial assets that have had no activity or owner contact for a period of time. After […]
Where Will You Live as You Age? Legal and Financial Considerations You Shouldn’t Overlook
Planning for later life isn’t just about choosing a comfortable place to live. It involves complex decisions that affect your independence, finances, and long-term security. Understanding your options now can prevent crisis decisions later. Common Living Arrangements for Aging Adults Many older adults prefer to remain in their homes for as long as possible. Aging […]
Protecting Generational Wealth: Why Legacy Planning Matters for Black Families
February is Black History Month — a time to honor strength, resilience, and achievement. It’s also an important moment to reflect on the future and the legacy you’re creating for your family. For many Black families, building wealth is not built on inherited advantage. It is often the result of first-generation success — purchasing a […]
Will or Trust? Understanding the Right Choice for Your Family
When people begin estate planning, one of the first questions they ask is: Do I need a will, or should I create a trust? The answer depends on your family, your assets, and your long-term goals. What a Will Does A will allows you to: However, a will typically goes through probate — a public […]
What Happens If You Die Without an Estate Plan?
Many families assume everything will “just work out” if something happens. Unfortunately, without a clear plan, state law decides what happens next. The Court Decides If you pass away without a will or trust: Frozen Accounts and Delays Bank accounts may be temporarily inaccessible.Property transfers may be delayed.Family members may disagree on decisions. What could […]
When Should You Update Your Estate Plan?
Creating an estate plan is important — however keeping it updated is just as critical. Life changes. Your plan should change with it. Review After Major Life Events You should review your estate plan if: Even beneficiary designations on retirement accounts can override your will if not aligned properly. Regular Check-Ins Matter Even without major […]