When it comes time to prepare Wills, people often make an array of excuses to put it off. They think it takes too long or is too costly or that they don’t own anything of value so there’s no point. The truth of the matter is executing legal Wills ensures your estate is settled according […]
read moreA child trust fund can be established to set aside funds for college tuition, living expenses, healthcare costs, and to pass along family inheritance. Since there are various types of trusts it is recommended to consult with a lawyer to discuss overall goals and tax advantages. Prior to arranging a child trust fund to fund […]
read morePeople who engage in strategic planning put together a portfolio of services that protect assets and transfer wealth at the end of life. Taking time to plan ahead can reduce estate taxes and ensure heirs receive inheritance without having to endure probate. If you’re like most, you feel overwhelmed by the task of strategic income […]
read morePreparing a Will and Testament is one of the best final acts a person can do for their family. Any time someone passes away without writing a Will their relatives have to make decisions they usually aren’t prepared for. Writing a Will and Testament isn’t a difficult process and offers many benefits. First of all, […]
read moreAny person who owns property or a business needs to engage in asset protection strategies. Otherwise, assets they have worked years to acquire could be taken away in the event of a liability or personal injury lawsuit. Establishing asset protection not only safeguards property, but also provides peace of mind. Unfortunately, we live in a […]
read moreSetting up a family trust is one of the most common types of estate planning methods. Also known as a living trust, this method involves transferring ownership of personal belongings and financial assets so property does not have to go through probate for settlement procedures. While it isn’t difficult to arrange a family trust, most […]
read morePeople find trusts one of the most confusing aspects of estate planning and with good reason. There are various kinds of trusts used to address individuals’ unique needs. Some are to protect inheritance for young children, others are needed for business owners, and yet others are setup to offset estate taxes. Most people setup trusts […]
read morePreparing a last Will is necessary with every kind of estate planning. Regardless of if estates pass through probate or are protected by a trust, a Will is needed to provide directives. It is used to appoint a personal representative and name the individuals entitled to personal possessions. The last Will is very helpful to […]
read moreEstate planning involves taking steps to protect assets so they can be passed along to heirs upon death. The kind of planning required depends on the type of assets that are owned. Some possessions can be transferred by filling out a simple form while others involve more complex steps. One of the most important estate […]
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