Transfer-On-Death Accounts: A Useful Estate Planning Tool

by Jessica Asselin | Feb 19, 2025 | Estate Planning, Inheritance

Takeaways A transfer-on-death (TOD) account may be a simple and straightforward way for you to pass your wealth or property on to your loved ones after your death. TOD accounts can help your loved ones receive your financial assets upon your death without having to go...

Estate Planning for a Vacation Home

by Jessica Asselin | Jan 17, 2025 | Estate Planning

If you are fortunate enough to own a vacation home, you need to figure out what will happen to it after you are gone. Many people in this situation hope to keep vacation homes in the family. Guaranteeing that can be tricky, though. Meant to be fun and relaxing places...

What Is a Family Limited Partnership and Should I Form One?

by Jessica Asselin | Jan 17, 2025 | Estate Planning

A family limited partnership (FLP) is a business structure that allows family members to pool assets for business and investing purposes. Family limited partnerships can also protect personal assets, reduce taxes, and be used for estate planning and business...