So you’ve done the hard work of establishing an estate plan. Now you want to make sure that the strategy you’ve selected will maximize your peace of mind and protect your legacy. Here are 5 “stress test” questions to assess…
When you’re in your 20’s and 30’s and in good health, it’s easy to feel invincible and believes that nothing will ever happen to you. So it’s easy to justify deferring estate planning. Why worry about a long-term financial strategy…
You’ve worked hard and have begun to acquire wealth. You’ve even have a will to make sure that your assets go to your family. You think you’re all set. Unfortunately, a common misunderstanding is that your will encompasses and controls…
A trust can be an important part of your estate. Trusts allow you to avoid probate, minimize taxes, provide organization, maintain control, and provide for yourself and your heirs. In simple terms, a trust is a book of instructions wherein…
Considering all the types of trusts available, creating an estate plan can seem daunting. This is one of the main reasons by people tend to avoid taking the steps to their estate plan done. Here’s a look at the basics…
A common question that I am always asked – what’s the difference between a will and trust? Below are the basic differences: What Revocable Living Trusts Can Do – That Wills Can’t Avoid a conservatorship and guardianship. A revocable living…
One thing every parent know is that their children crave attention. And if you have more than one child, then you know the attention needs to be equal. The game to get your attention can take place with your estate plan.…
Philip Seymour Hoffman was a talented actor who was known for his roles Boogie Nights, Almost Famous and Along Came Polly. He even won an Oscar for best actor for his role in Capote. However, like many talented actors, Philip…
So you have a great idea for a small business and now it’s time to get started. One of the first things you need to decide is how are you going to structure your business. This is commonly referred to…
Most people agree that having some sort of estate plan is a good thing. However, many of them haven’t taken any steps to get an estate plan in place because they don’t understand the nuances between wills and trusts…