ProVisors Member Thought Leadership

Latest from ProVisors Member Thought Leadership

Trusts are a great option for you to control your assets, bypass probate, and distribute inheritance to beneficiaries. When you decide to create one for your future, you may wonder what type of trust is best suited for your needs. There are four basic types of trusts that you can create: living, testamentary, revocable, and irrevocable trusts. There are subcategories

“Attention without feeling, I began to learn, is only a report. An openness — an empathy — was necessary if the attention was to matter.” ~ Mary Oliver

When we listen – intently and with care – we are better professionals and better people.

I preach this. I don’t always practice it. But in my work as a residential Realtor,

If you’re a parent of a special needs child, you want to be sure that they are taken care of. A special needs trust (SNT) typically is the outcome of a malpractice suit, for example, a child did not receive enough oxygen during the delivery process and as a result has developmental issues. The money from the suit then goes

When many people hear the words “estate planning,” they assume it’s just for the wealthy. But that’s not the case because everyone can benefit from an estate plan. And when you’re creating one, you’ll want to avoid some common mistakes.

Before we look at those mistakes, let’s go over what estate planning is designed to accomplish. Essentially, an estate plan

A special BONUS episode of the Breaking Money Silence® Podcast Series on Negotiating is an interview with Erin Lowry. I interviewed Erin who is the author of several books including her latest, Broke Millennial Talks Money: Scripts, Stories, and Advice to Navigate Awkward Financial Conversations. Erin shares how she struggled with underearning when she began her career and offers practical

Living trusts, or revocable trust, are a great option for folks who want to distribute inheritance to their children or loved ones after they pass. Unlike an irrevocable trust, a living trust is one that can be changed during a person’s lifetime. Learn what a living trust is and the importance of creating one, and view our guide to setting

For many years, Americans provided for their retirement needs through three sources: employer-sponsored pension plans, Social Security income, and savings and investments accumulated through employer plans or individual accounts – the so-called “three-legged stool.” But today, that stool is shakier than it used to be. What can you do to strengthen it?

To begin with, all three legs of the