Estate Planning for the Non-Traditional Family

estate planning non-traditional families

Both unmarried opposite-sex partners and same-sex partners will want to provide protection for their relationship and for the other partner in the event one partner becomes incapacitated. Legally married or not, due to the controversial nature of these relationships, these partners will need to create legal documents which allow the non-disabled partner to care for and manage the disabled partner’s affairs. Unfortunately, many families are not ready to accept these lifestyles and the potential for conflict exists.

What is Philanthropy?

As a legal entity, a private foundation has corporate and tax filings to maintain on a regular basis and myriad administrative tasks that go with any corporate endeavor. The overhead costs alone are typically too expensive and time-consuming for most of us, as individuals or as families, to establish such a philanthropic structure. You want your giving to achieve the most bang for the buck.