Individuals who have a high net worth have a particular need for qualified estate planning. Complex asset portfolios require specific and strategic management. One of the most common errors that individuals make is simply not creating a comprehensive plan for their asset distribution in advance.
One of the biggest mistakes you can make with estate planning in Golden is procrastination. No matter your age, you might feel like you have all of the time in the world to do it. Or, if you already have plans in place, you might feel like you do not need to review them. Regardless of which side of the fence you are on, it is necessary for you to be proactive in case an unexpected event happens.
Parents who have a child with special needs face unique challenges in all aspects of their lives. This is especially true for when it comes to estate planning.
You love your family. You want them to be successful. You want to be successful, too. When you work with family, you have both advantages and disadvantages. You already know one another, and probably know how to communicate. On the other hand, it can be difficult to criticize family. It can also be challenging to have a leader amongst relatives. The line between professional and personal can be hard to decipher.