Category Archives for "Estate Planning"

Apr 13

The Key Differences Between Wills and Trusts

By Suren G. Adams

What are the key differences between wills and trusts? When discussing estate planning, a will is what most people think of first. Indeed, wills have been the most popular method for passing on assets to heirs for hundreds of years. But wills aren’t your only option. And if you rely on a will alone to […]

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Apr 06

How and When to Talk to Your Children About Money

By Suren G. Adams

Whether you consider yourself wealthy or not, you need to think about how (and when) you’ll talk with your children about money, whether they’re little kids, tweens, teens, or already adults. The Wall Street Journal article “The Best Way for Wealthy Parents to Talk to Children About Family Money” offers guidelines for how and when “the […]

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Mar 23

3 Key Benefits of Conscious Uncoupling

By Suren G. Adams

The concept of conscious uncoupling, or conscious divorce, has been around for decades in the psychotherapy community. However, the actual term “conscious uncoupling” was thrust into the mainstream lexicon in 2014, when Gwyneth Paltrow used it to publicly announce that she and husband Chris Martin were separating. Today, we’ll discuss the 3 key benefits of […]

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Mar 09

Choosing the Right Life Insurance Policy

By Suren G. Adams

How do you choose a life insurance policy? While purchasing life insurance may seem pretty straightforward, it’s actually quite complex, especially with so many different types available.In order to offer some clarity on the different types of policies out there, we’ve broken down the most popular kinds of life insurance here and discussed the pros […]

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Feb 23

Common Estate Planning Issues You Must Navigate When Contemplating a Second (or More) Marriage

By Suren G. Adams

These days, second and even third marriages are fairly commonplace. And the estate planning issues that arise from multiple marriages can be highly complex and confusing. So, how do you navigate estate planning for a blended family? Merging two families into one presents unique legal and financial challenges that can cause significant conflict and distress unless […]

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Feb 16

How Will The New Tax Law Effect Your Family

By Suren G. Adams

President Trump signed the new Tax Cuts and Jobs Act bill into law on December 22, 2017, and the law includes a number of historic changes to the federal tax code. However, the vast majority of the most dramatic changes are aimed at business taxation, not individual taxpayers. So, how will the new tax law […]

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Feb 16

Same-Gender Couples Still Face Legal Challenges Over Parental Rights—But Protections Via Estate Planning (Outside of Adoption) Are Available

By Suren G. Adams

Can same-gender couples use Estate Planning for parental rights? In 2015, when the Supreme Court ruled that same-gender couples had the right to marry, the LGBTQ community celebrated a huge victory. With the issue of marriage settled, it looked as if same-gender couples were finally going to have equal standing with heterosexual couples in the […]

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Jan 26

What to Expect From (and How to Prepare For) an Initial Estate Planning Meeting With Your Personal Family Lawyer.

By Suren G. Adams

What to Expect From (and How to Prepare For) an Initial Estate Planning Meeting With Your Personal Family LawyerWhether you’ve met with an estate planning attorney before or it’s your first time, it’s important to understand how working with a Personal Family Lawyer® is different than meeting with a traditional lawyer. This article will explain what’s […]

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Jan 05

The Real Planned Parenthood: Platonic Parenting

By Suren G. Adams

Divorce can be one of the most unpleasant—and often traumatic—experiences of your life, especially if you have children. It can be even more distressing for the kids themselves. In many cases, a divorce can severely affect a child’s emotional well-being, and in extreme cases, even tear apart a parent’s personal relationship with their offspring. So, […]

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