December 11, 2018 |
Yes, Your 18-Year-Old Needs Estate Planning
As a parent, it can be hard enough to look ahead to the future and consider that your child could be moving out of the ...
Learn MoreYes, Your 18-Year-Old Needs Estate Planning
As a parent, it can be hard enough to look ahead to the future and consider that your child could be moving out of the house to go to college, join the military or take on a new job. But part of the estate planning process does consider when your child reaches the age of 18, since he or she will be officially a legal adult at that point in time. 
This means that 18 is also the recommended age for the creation of an estate plan with basic documents like advanced directives and a power of attorney. Since your child will be named as a legal adult at age 18, as a parent you are no longer equipped to make decisions on behalf of your child unless your child has granted you that ability.
Schedule a meeting with a member of our advisory team
Blogs for Planning for Minors
August 22, 2014 | Back To School Tips: Important Documents for Parents of New College Students
Back To School Tips: Important Documents for Parents of New College Students
There’s no doubt that your mind is already pretty preoccupied with many different lists of supplies, last-minute shopping, and packing with your new college student. ...
Learn MoreNovember 28, 2013 |
Our version of TMZ: Estate Planning Blunders & The Famous People Who Committed Them
Famous people are like us in many ways. They are born, they pay taxes, they make estate planning blunders, and they die. A recent article ...
Learn MoreOctober 30, 2013 |
529 Plans Benefit Grandparents and Grandchildren
As a recent article explains, a majority of wealthier investors prefer to transfer money to their grandchildren through 529 college savings plans. In part, 529 ...
Learn MoreOctober 29, 2013 |
Thanks Gramps! Planning Gifts to Grandchildren
Often, grandparents who have extra money wish to assist their grandchildren financially. A recent article discusses three ways through which grandparents can give to their ...
Learn MoreOctober 3, 2013 |
Planning With a Baby on Board
The birth or adoption of a new child is a frenzied and joyous time in the parents’ lives. Understandably, estate planning is often the last ...
Learn MoreJune 7, 2012 |
How To Choose The Right Guardian For Your Children
Who should raise your children if for some reason you and your spouse are unable to do so? It’s not an easy question to answer, ...
Learn MoreOctober 11, 2009 |
What do you need to address for your family?
Your goal may be making sure your children & spouse are financially secure and to protect your assets from those who may ‘attack’ them. Perhaps ...
Learn MoreApril 13, 2009 |
What Happens If I Die Without a Will?
A Last Will & Testament (commonly referred to as simply a Will) is a document that disposes of your property at the time of your death. A common ...
Learn MoreBrowse our Archives
Schedule your free Exploratory phone call
Click here to see how we
can be of assistance.
Payment Portal
for Tax and Accounting invoice
This link offers a secure, quick way to complete your payment with Omni360 Advisors LLC.
Our Social Media
Connect with us on Social Media using the following buttons:
Visit our Podcasts
Listen in, Join the Conversation!
Recent Posts
Inherited IRAs: What Families Need to Know When a Spouse or Adult Child Inherits a Retirement Account
Understanding the rules for inherited IRAs is essential to avoiding costly mistakes. Learn the key differences between spouse and non-spouse beneficiaries, required distributions, and important planning considerations. An Individual Retirement Account (IRA) is often one of the ...
<p>The post Inherited IRAs: What Families Need to Know When a Spouse or Adult Child Inherits a Retirement Account first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>
Mid-Year Planning Checklist for Business Owners and High-Net-Worth Families: Estate, Tax & Financial Strategies to Review Before Year-End
Mid-year is the ideal time for business owners and high-net-worth families to review estate plans, tax strategies, retirement planning, and wealth transfer opportunities before year-end. As the calendar reaches its midpoint, many business owners and affluent families are focused on growing their businesses, managing investments, and enjoying the summer months. However, mid-year is also ...
<p>The post Mid-Year Planning Checklist for Business Owners and High-Net-Worth Families: Estate, Tax & Financial Strategies to Review Before Year-End first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>
The Power of Gifting: A Smart Strategy for Estate, Tax, and Financial Planning
Discover how strategic gifting can help reduce future estate taxes, support loved ones, and create a lasting legacy as part of a comprehensive estate and financial planning strategy. When most people think about estate planning, they picture wills, trusts, and beneficiary designations. While those documents are essential, one often-overlooked strategy can provide ...
<p>The post The Power of Gifting: A Smart Strategy for Estate, Tax, and Financial Planning first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>
