Why Is January the Perfect Time to Start Estate Planning?
As the start of a new year, January offers a fresh beginning, making it the ideal time to focus on long-term goals, including estate planning. For many people, the thought of creating an estate plan may seem overwhelming or unnecessary, especially when life feels busy or there are other financial priorities. However,...
International Skeptics Day: A Revocable Living Trust is Not….
In celebration of International Skeptics Day, I will walk through what a Revocable Living Trust is not:
A Revocable Living Trust is Not an Irrevocable Trust
International Skeptics Day: A Revocable Living Trust is Not…. Continue reading…
The term "revocable" means that something is capable of being canceled, altered, &/or revoked. When someone creates a revocable living trust, let's refer to them as the "creator,"...
Protecting Your Children’s Inheritance
For clients with minor children, often one of the biggest concerns they have is over what will happen with the inheritance if their children were to inherit while they are still minors. Some of the most difficult questions they are faced with include:
Who will care for my children?
Who will manage the money...
Protecting Your Children’s Inheritance Continue reading…
Well, There Goes Your Estate Plan | Impact of Proposed IRA Legislation on Estate Planning
Based on my news feed, and the sudden increase of emails forwarding me articles on this topic, interesting legislation on IRAs has caused many financial planners, clients and estate planning attorneys to review and potentially...
Borakove Osman LLC puts the “Elephant in the Room” on Display
Despite the many benefits of estate planning, families often put off planning so long that it becomes a dreaded topic-- the proverbial "Elephant in the Room."
At Borakove Osman LLC, we help our clients confront the elephant, eliminate dread, and and dispell uncertainty. At our firm, we put the elephant center stage. We believe that...
Borakove Osman LLC puts the “Elephant in the Room” on Display Continue reading…