What makes the HikingLawyer blog so great? The hikes of course! It also has some pretty nifty information on how your Estate Plan and Financial Plan should work together for your benefit. The articles and information found in this blog are just the starting point... Happy reading, happy hiking, and we look forward to meeting you soon.
There’s financial planning, and then there’s wealth management. Think of wealth management as a step up from garden-variety financial planning. One office (rather than one person) provides a range of services for a client: personal financial planning and investment management, tax reduction and estate planning strategies, and occasionally in-house legal resources. Business continuation planning, tax preparation and even budgeting and bill paying are sometimes added to the menu.
It doesn’t matter how limited (or unlimited) your means may be, and it doesn’t matter if you own a mansion or a motor home. Rich or poor, when you die, you leave behind an estate.
Can you get by with a will only, or do you need more? You see the ads all the time: “Should you have a living trust?” There is no pat answer. The fact is, the more complex your estate, the more your need for estate planning – and a living trust can be a fundamental tool in that planning. While not everyone needs a living trust, they certainly become more attractive as your estate grows more complex.
Any investor would do well to call on three friends during the course of his or her financial life: diversification, patience and consistency. Regardless of how the markets perform, they should be a part of your investment philosophy.
Everyone has an estate. Rich or poor, it doesn’t matter. When you die, you leave behind an estate. For some, this can mean property, cash money, assets and more. For others it could be as simple as the $10 bill in their wallet and the clothes on their back. Either way, what you leave behind when you die is considered to be your “estate”.
● Apache County ● Cochise County ● Coconino County ● Gila County ● Graham County ● La Paz County ● Maricopa County ● Mohave County ● Navajo County ● Pima County ● Pinal County ● Santa Cruz County ● Yavapai County ● Yuma County
