Articles Posted in Uncategorized

Life Insurance and Estate Planning: Protecting Your Beneficiaries’ Interests
Connor Law Firm, PLC

One misconception people have about life insurance is that naming beneficiaries is all you have to do to ensure the benefits of life insurance will be available for a surviving spouse, children, or other intended beneficiary. Life insurance is an important estate planning tool, but without certain protections in place, there’s no guarantee that your…

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Five Surprisingly Common Planning Mistakes Baby Boomers are Making in Droves
Connor Law Firm, PLC

Baby boomers – the first generation tasked with the responsibility of planning for and funding their golden years. This generation, which includes those born between 1946 and 1964, have entered and continue to enter into retirement. As they make this financial transition into retirement, many are learning that they have made some of the most…

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Are You Cooking a Big Pot of Spaghetti to Dump on Your Loved Ones – Or Are You Expertly Planning the Preservation and Disposition of Your Estate?
Connor Law Firm, PLC

In the event of your untimely death, your beneficiaries are highly dependent on how you planned your estate. Generally, you have two types of property. First, you have property with a title that says you own it. Second, you have property that has no title — you know you own it because you possess it.…

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Four Simple Estate Planning Truths
Connor Law Firm, PLC

First: No one wants to die. Second: After we die, we want our assets to go to our loved ones — not to predators of a surviving spouse; creditors of a surviving spouse or children; divorcing in-laws; or judgement liens. Third: We must take affirmative steps so that our loved ones are protected against those…

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How A Living Trust Helps Your Family
Connor Law Firm, PLC

There are several parts to an estate plan, one of them being a living trust. Common factors that prompt someone to create a trust include privacy, tax benefits, avoiding probate, and caring for family members with special needs. Estate planning also lets you dictate how your assets will pass on to future generations after your…

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Estate Planning For the Newly Married
Connor Law Firm, PLC

Now is the perfect time to start working on an estate plan—because, as newlyweds, you may not have a list of your accounts, but you’ve effectively just done a working inventory of your possessions—as you’ve figured out how to consolidate two households into one. You’ve already been working on the new banking and shared responsibility…

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