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The Family Cabin

The Family Cabin

Many families have vacation homes that hold a special place in the family history. Parents often want to leave this home to their children but if there is not a specific plan in place, such a ‘gift’ will end up being a curse. When planning for the transfer of the...
Does my 18-year-old Need a Will?

Does my 18-year-old Need a Will?

Your newly minted adult child may or may not need a Will, but they will definitely need a Power of Attorney.   Younger adults don’t generally have a sizeable estate but upon reaching 18, they all are considered adults and their parents are no longer able to...
IRAs and Divorce

IRAs and Divorce

If you are going through a divorce or legal separation and you or your spouse have money in retirement plans, you will most likely be required to share those assets.  IRAs are divided using a process known as “transfer incident to divorce” or QDRO, which allows legal...