Pets have become a good companion for people of all ages. And when the people depart, they usually decide to designate their pets as an heir of part of the estate.We have seen pet lovers that have left vast estates to their furry friends, and we wonder how this happens. Today we look at the…
Details
If you have been researching about securing the future of your children with special needs, spending a lot of time with other parents who are in a similar situation as yours or reading various articles about estate planning for special needs, you must have gotten the idea of putting a portion of your estate in…
Details
For most people, the family home represents a vital part of the estate we own. Losing the home is one of the most dreaded events that can happen to us. This is because apart from the monetary value that is attached to the home, we are also emotionally attached to it. Studies show that more…
Details
In this constantly progressing business world, starting your own business can be quite an overwhelming process. Owners of startup businesses usually spend all their time investing their efforts and money in their work, trying to foster maximum growth and success. However, what they fail to realize is that not taking enough time to plan ahead…
Details
You can come up with estate plans on how your wealth will be shared when you pass away, but has the thought ever crossed your mind that both of you might die the same day, or a few weeks apart? When coming up with a will, the common thought is that your estate will be…
Details
With the boom in demand for cryptocurrency came due speculation. The sudden increase in bitcoin’s value and others confounded many, and while some got attracted by unbelievable profits, others were skeptical of its authenticity. Dealing in digital currency can be daunting. But if you’re here, then you probably already have or are planning on investing…
Details
The long-term goal of asset protection is to provide security against any threat to your wealth. So, how does estate protection do this? Asset Protection Helps Avoid LawsuitsNew York City is placed third on the annual list of “judicial hellholes” in the US. It boasts of individuals that have sued others more than 25 lawsuits…
Details
Humans beings are quite complicated characters. Our actions and reactions to the same events under different circumstances are mind-boggling. One of the things humans react very differently to is change. Change is a part of life; from your body aging to making and losing friends and family members, career, education, etc. Some changes happen due…
Details
Many people only have a vague idea of what happens when they get sued by say, a creditor that wants his money back, or by an ex-spouse that wants part of the estate after divorce. We need to review this process so that you understand how important it is to protect your assets the right…
Details
Some people might deem estate planning as a complicated procedure as it necessitates the use of confusing legal terms and documents. The extreme involvement of complex jargon related to law can make it quite difficult for most people to grasp how the entire process actually works. Therefore, we have prepared this mini-guide to assist you…
Details