With this gorgeous summer weather, it’s hard to imagine that the holiday season is right around the corner. While we may not be ready to think of winter, one thing you may want to start thinking about (if you haven’t already), is how to plan for holiday gift-giving.
Especially for parents, there are many benefits to having a will and trust established. With just a little planning, you'll gain peace of mind knowing that your loved ones will always be cared for and your wishes are known. Plus, it no longer takes a lot of time or money to create a will or a trust.
When is it a good time to do a little research and decide if these are right for you? We recommend creating your documents and accounts when you're a new parent, growing your family, or have money you'd like to be designated for your children or other beneficiaries.
Here we'll share what is a will and trust; why you should consider having them; and the best way to get started.
Avoid money arguments and successfully work together for a happy financial future.
Money matters can put a lot of stress on a relationship (31% reported money as a major source of conflict or tension in the American Psychological Association's 2015 Stress in America Survey), but they don't need to. While there is no one-size-fits all approach to accounts and expenses, the key is good communication. You already know there are plenty of ways you're compatible, have "the money talk" to find out if your goals and values for your wallet are too.
Topics: Family & Youth