Tag Archives: Lenawee County

Estate Planning: Talking About the Inheritance

Many parents find talking about money with their children as difficult as talking about sex.It may be awkward, but talking to your children about their inheritance benefits everyone. If kept in the dark, children may think their parents are “loaded” and expect a significant windfall upon their passing.  They may worry about the cost of […]

Posted in Beneficiary Designations, Estate Planning | Also tagged , ,

Prenuptial Agreements: What You Need to Know

Anyone with substantial assets or income considering a second (or sometimes first or third) marriage should give careful thought to entering a prenuptial agreement. A prenuptial agreement can help preserve assets and/or income for children from a previous marriage or simply allow someone to preserve their accumulated assets. The agreement in its simplest form provides […]

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