Beginning January 1, 2024, the Corporate Transparency Act (CTA) will require certain companies to report the names of beneficial owners and active individuals.
Young parents and professionals are particularly susceptible to money dysmorphia. Amidst the pressures of repaying student debt, starting families, advancing in careers, and social media showcasing the extravagant lifestyles of peers, it’s easy to fall into the trap of feeling financially inadequate.
At Jacob & Greenfield, we are dedicated to securing the well-being of your children under all circumstances. As the kids go back to school, do not overlook this essential homework for parents – naming legal guardians and creating your own For The Kids Plan (TM).
When your child turns 18, you should discuss the importance of estate planning and ensure your child has certain legal documents in place for their protection out in the world.
Warren Buffett’s advice on building and preserving wealth is timeless and valuable no matter the size of your family or your estate. By involving your heirs in your estate planning and investing in yourself, you can set yourself and your loved ones up for long-term financial success and create a legacy that spans not only through your life but through the generations that follow you.
When you think of estate planning, a Will is usually the first thing that comes to mind. In fact, most people who contact us tell us they do not need anything complicated for their estate – just a Will. Indeed, Wills have a reputation as the number one estate planning tool and can be seen…
Stephen “tWitch” Boss, a hip-hop dancer, choreographer, and TV producer known for his role on So You Think You Can Dance and The Ellen Show, passed away suddenly on December 13, 2022. Because Boss died without a Will or Trust, Boss’ widow and three children must navigate the court system to collect his assets. Find out why this cautionary tale is relevant to everyone, not just the rich and famous.
Young parents should start their estate planning right now. We have seen, too often, the consequences of not planning ahead.
Investing in life insurance is a foundational part of estate planning and, when done right, it is a primary way to say “I love you” to your loved ones after you are gone. However, when naming your policy’s beneficiaries, several mistakes can lead to potentially dire consequences for the people you are investing to protect…
Being a single parent is a huge responsibility, even if you do share time with a parenting partner, and especially so if you do not. Regardless, as a single parent, your children’s lives are now largely in your hands. So, what would happen to them if something happened to you?