Karen J. La Madrid
LATEST ARTICLES BY: Karen J. La Madrid
Life insurance and your estate plan
If you have a life insurance policy and you’re doing your estate planning, you’re likely thinking about how the two are going to work together. In fact, that life insurance policy may be one of the most valuable assets that…
Estate planning covers numerous aspects of life
When estate planning comes up in conversation, it is a common misconception that the topic covers only matters relating to death. While dividing your assets and implementing your other wishes after you die is a large part of estate planning,…
When having a will is not enough
There is more to estate planning than a simple will. While having one meets the needs of many, there are more estate planning options at your disposal that you may choose from depending on what you want for your estate.…
What are the responsibilities of a professional trustee?
Trusts are legal instruments that tend to play a key role in estate plans. The people who are set to benefit from the trust are commonly referred to as beneficiaries, and trustees are expected to act in their best interests…
Planning for your future can ease your worries
You do not have to be retired to think about your estate plan. You also do not have to be wealthy — getting your estate plans together early protects you, your assets and your loved ones. In the event of…
You can customize your estate plan for heirs tending to overspend
If you have one or more heirs with unhealthy spending habits, providing for them after your death comes with many challenges. You want to leave them enough to live on or help them through financial hardships while keeping the bulk…
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