Trusts vs. Wills – What’s the Difference?

Trusts vs. Wills – What’s the Difference? Barnett Financial & Tax

Planning for after your passing can be difficult. But creating a plan for what happens to your estate is highly important for your family and your legacy. If left unattended, your estate can potentially be caught up in arduous court processes and cause disputes amongst your loved ones – and you don’t want to be…

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4 Easy-to-Overlook Estate Planning Mistakes

4 Easy-to-Overlook Estate Planning Mistakes Barnett Financial & Tax

It’s easy to avoid making an estate plan, but not having one won’t be easy on your loved ones. Having your affairs in order can greatly help your family, so consider creating a comprehensive estate plan. Unfortunately, there are many easy-to-overlook estate planning mistakes, such as not naming beneficiaries on retirement accounts, not doing so…

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Legacy Planning – Thinking About the Next Generation

Legacy Planning – Thinking About the Next Generation Barnett Financial & Tax

You’ve probably passed on pieces of wisdom to your children, but have you considered how you’ll pass on your wealth? Now that you’re reaching a certain age, you may be wondering how you’ll pass on family heirlooms, property, or the wealth you’ve built over many years. Proper legacy planning could be one of the greatest…

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Your Business Succession Plan Checklist

Your Business Succession Plan Checklist Barnett Financial & Tax

For many years, you’ve been the captain of your ship. Running your own business hasn’t been easy, and success was never guaranteed. Now that you’re getting closer to retirement, you’ll have to make some big decisions. In order for your business to outlive you, you’ll need to map out a path forward. This means setting…

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Estate Planning 101

Estate Planning 101 Barnett Financial and Tax

Did you know that Baby Boomers will pass down an estimated $68 trillion in wealth in the coming decades?[1] You’ve worked hard for your money and likely want to see it passed down in the most efficient way possible for your loved one’s benefit. Unfortunately, costly mistakes are all too easy to make. Understand the…

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