by John C. Martin | Jun 27, 2012 | Digital Assets, Estate Plan Maintenance, Estate Planning for Families
It wasn’t very long ago that we had only paper for financial and tax records. We could simply point to a file cabinet or drawer and tell someone, “Everything is in there when the time comes.” But now we have computers and the internet, and so much of our lives is...
by John C. Martin | Jun 25, 2012 | Life Insurance
The main reasons most people have life insurance are to pay final expenses (medical, funeral, burial, etc.), replace an income stream and/or create wealth for our dependents after we die. Life insurance can also play an important role in business, estate planning and...
by John C. Martin | Jun 23, 2012 | Estate Planning for Families, Family Values and History
Many Americans have the misperception that estate planning is simply preparing for one’s death and is only necessary for the affluent. To the contrary, estate planning is as much about passing values to loved ones as it is about passing material possessions....
by John C. Martin | Jun 22, 2012 | Planning for College
With higher education costs outpacing inflation by 5-6% per year, and the average cost of a four-year public school at nearly $20,000 per year (double that for private schools) it’s no surprise that many parents and grandparents are deeply concerned about how they...
by John C. Martin | Jun 20, 2012 | Asset Protection, Estate Planning for Families, Trusts, Wills
With the $5.12 million per person exemption from federal estate tax ($10.24 million for married couples), most of the estate planning “talk” recently has been on the planning opportunities available to affluent families. However, the need for estate planning remains...