Children. The moment you receive your bundle of joy, your aim is to guard the child from anything that puts them at risk. We also seek to ensure our kids are ok long after we are gone. But not all children are responsible with money. Many kids grow up to become irresponsible with the wealth…
In the articles section you can find blogs that discuss all areas of Estate Planning. By going to the articles section and reading some of the blogs you are able to better educate yourself on the different products and concepts of estate planning.
Estate Planning includes:
- Planning for pass through of assets upon death,
- Planning for minors (Setting up guardianship designations or special needs trusts),
- Utilizing tax mitigation strategies (for example the current gift tax exemption),
- Creating a form of asset protection (from creditors and predators or as a form of marital asset protection),
- Setting up healthcare proxies ( giving someone your trust the ability to make healthcare decisions for you in the event you are unable to do it for yourself),
- Setting up Power of Attorney (enabling someone to make executive decisions regarding your assets and finances in the event you are unable to and it is necessary),
- Medicaid or Retirement Planning (Divesting yourself of assets to qualify for Medicaid or Government subsidies),
- End of life planning using living will or last directive (Indicating burial requests and tube feeding or resuscitation in the event it is necessary).
In the articles section we have gone ahead to make it easier for you to find the topic of interest by creating subcategories. Our goal is to make it simple and easy for people to come to our website in order to educate themselves about the different types of trusts for example Revocable Trusts and Irrevocable Trusts or Special Needs Trusts and Supplemental Needs Trusts.
In the articles section you will find the following subcategories:
In this section you can find a broad stroke of articles/blogs covering all topics related to creating and understanding an estate plan.
A very common concern for people with families or high risk professions for example doctors, lawyers, policemen, firemen, accountants and so on. Newlyweds seeking marital protection and people with large cash liquidity might also be worried about their exposure and seek asset Protection.
At some point in our lives we are done working and are ready to retire and want to know the best practices for retiring. Here you can learn about pass through of assets, divesting of assets and planning for your final days.
Here you can learn about tax mitigation strategies.
Here you can learn about assigning guardianship for minors or assuming guardianship over a loved one who is mentally handicapped.
Everyone wants to plan for events while they are alive and not just after death learn more here.
What happens when someone dies or passes away with a Will.
Flexibility when it comes to planning.
The different types or forms of trusts and their uses.
Planning for Medicaid and Retirement.
Special Needs Trust
Planning for people with disabilities.
Planning for pass-through of assets.
Will and Trust
Different uses of having both documents a Will and some form of Trust.
If you are shopping around or look for ways to vet an Estate planning Attorney/Lawyer and wish to better educate yourself on the topic the articles section is for you.
Every parent wants to set their child up for success, even after their gone. Special needs children offer a unique perspective on a variety of things. Families must take careful consideration when estate planning to offer the greatest number of benefits to the child. Below is a brief overview of three of the most common…
You have been assigned the role of an estate executor, and then after the probate is done, you realize that one of the beneficiaries cannot be found. What do you do? Well, as an executor of the estate, you have the task of making sure all beneficiaries get their portion as expected. This is made…
It is a tradition for many people to spend their holidays with loved ones each year. During this time, the family bonds and gets to talk about so many issues that affect their lives. They talk about their successes, plans and failures, and go ahead to forge the way forward. But few families take the…
As an executor, times come when you have to sell the property that has been left behind for beneficiaries. One of the most common directives that executors come across is to sell the property and share the proceeds equally among the beneficiaries. You can talk to the estate planning lawyer to interpret the will for…
Many people are in a state because of work responsibilities. When the time comes for them to retire, they have to move from one state to another to enjoy their retirement years, or they wish to be closer to their families. Whether you are moving to the next state or to a further one, you…
As a rancher, you need to have a comprehensive estate plan that includes a medical directive, power of attorney and a trust. The plan needs to make sure you have an estate plan that covers all the property that you own. Having a detailed estate plan makes sure that you save your family time and…
Countless people believe that once they have drafted the legal documents, then the estate planning procedure is complete – wrong. Well, we know that a large part of the process deals with legal issues, but you also deal practical stuff as well. After your demise, most of the decisions your loved ones will deal with…
When you set up your to do list, chances are that you will rarely plan for the aftermath of unfortunate events such as injury and death. However, anything can happen anytime, so you need to plan for the unexpected so that you avoid any anguish on the part of the family or friends. Good news…
As a woman, and one of good repute, taking matters in your own hands is the best way to make sure you have your future secured. After working so hard to create a comfortable and secure lifestyle for your loved ones, it is time to come up with an estate plan. But many ladies make…