The stock market has been rather nasty as of late so let us switch gears and touch on a topic that most investors avoid yet need to pay more attention to. After all, what exactly happens to your investments when you’re gone? Do you actually need a living trust or would a will suffice? We reached out to Mindy Baldwin, an estate planner in Rancho Santa Margarita for expertise on this topic:
The terms “will” and “trust” come up often when doing estate planning. Many people assume that these terms mean the same thing and use them interchangeably. However, wills and trusts are different documents that are used in different circumstances. Continue reading →
Normally…we write you letters about the stock market… its events, reactions, and implications. At the end of the day…none of it matters if you’re not alive or breathing. As real as that last sentence is… it prompts us to analyze how the world is changing and what we need to do in order to survive.
As an investor, your job (at least how we have defined it) is to design a plan and adjust it accordingly to outside circumstances and your personal needs/goals. What gets complicated…is successfully investing while adhering to these three things: Continue reading →