Imagine riding your bike down a hill, wind in your hair, when suddenly—thump, wobble, snap—one of your spokes gives out. That smooth ride? It’s over. Because without all the spokes in working order, the wheel doesn’t roll right. Estate planning is no different. So many people think a will is enough, or that talking to
Estate Planning Takes a Team: Don’t Roll Through Life on a Wobbly Wheel Read More »
A legacy layered with love, not chaos. Bon appétit and bon testament! Ingredients: Instructions: Serving Suggestions: Pairs beautifully with a well-organized filing cabinet and a bottle of 1998 Cabernet Sauvignon. For extra flavor, accompany with a hand-written legacy letter (and perhaps a cheeky postscript). Bon appétit—and bon testament!
Julia Child’s” Recipe for a Delectable Estate Plan Soufflé Read More »
By Someone Who’s Made Mistakes and Learned a Few Things the Hard Way Dear future grandkids, If you’re reading this, first of all—hi! Secondly, congratulations on being awesome. I say that with total bias, of course, but also with great hope that a few life lessons I pass down might just stick. I don’t expect
What I Want to Teach My Grandkids Read More »
One of the most common misconceptions we encounter in estate planning is that it’s a one-time event—a box to check off, a document to file away, and something never to revisit. Nothing could be further from the truth. In reality, estate planning is a process that should grow and evolve as you do. Just like
Estate Planning Is a Process, Not an Event Read More »
After working in the senior services realm for over 22 years, one of the most valuable lessons I’ve learned is that assisting individuals in their estate planning is both an art and a science. The science aspect follows strict rules and regulations, much like the scientific world, where fundamental laws of physics cannot be broken.
Estate Planning: Both an Art and a Science Read More »
Sailing at night presents unique challenges and requires a heightened level of preparedness, much like estate planning. While both activities can be incredibly rewarding, they also demand careful forethought, knowledge, and attention to detail to ensure a smooth and successful journey. For as long as I can remember, sailing has been a central part of
Night Sailing Is Like Estate Planning Read More »
Finishing Strong: An Estate Planning Journey delves into the crucial importance of comprehensive estate planning and addresses the prevalent issue of unpreparedness among individuals. The authors, Ronald “Skip” Skolnik and Elizabeth “Libby” Skolnik Budweg, stress that it is the responsibility of every person to take charge of their estate planning, particularly when it comes to
Finishing Strong: An Estate Planning Journey Read More »
Embarking on the journey of life requires a strategic roadmap, especially when it comes to securing your financial future during retirement. In the context of estate planning, the absence of a well-thought-out strategy can have significant implications for income, legal concerns, and potential nursing home expenses. As we delve into the statistics, it becomes clear
Securing Your Legacy: The Vital Role Of Estate Planning in Retirement Preparedness Read More »
I have a friend, Beverly, who has an 80-year-old father, who lives 2 hours from Bev. Her dad went to a public health screening because all of his friends were doing it. The next day he got a call from the free clinic staff saying “Go see your doctor as soon as possible”. He was
What to Do: From an Estate Planning Perspective Read More »
At Skolnik Retirement Solutions, working specifically in estate planning, the phenomenon of longevity holds profound implications for individuals and families alike. Longevity, or the extended duration of human life, has surged in recent years, significantly altering the landscape of financial planning and asset management. As an estate planner, it is paramount to recognize the profound
Longevity: A Vital Component of Comprehensive Estate Planning Read More »