Estate

You received an inheritance, now what?

Research shows the average inheritance is spent within five years. As an advisor at Verisail, I have seen both sides of the coin. Some of my clients have done a great job at continuing to live their lives as if the inheritance wasn’t even there. I have witnessed other clients unwisely spend a significant portion…

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Discuss Your Money With Your Kids?

I am seeing more and more situations where a client or someone I know is going to inherit significant wealth, but their family, who is currently living and has the money, doesn’t want to discuss the details. This is usually a parent / grandparent leaving money to their kids / grandkids. Money and death are…

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How to Cover Your Bases If You Have Kids

Life insurance. Generally you only need life insurance once someone is depending on your future income. If you plan to have kids, you should start thinking about the situation your survivors would be in if you passed earlier than expected. Life insurance can help pay off your mortgage or other debt, as well as provide…

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