Estate Planning
May 2, 2023
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Asset Protection
Planning for Long-Term Care with Irrevocable Trusts
With the possibility of needing long-term care in the future, many people are interested in proactive planning.
May 1, 2023
Advanced Directives
What are the First Steps in Estate Planning?
During your life you will likely accumulate money, property and other items of value. These are your assets. Taken together, these assets — also known as your estate — paint a picture of the wealth you’ve built over time. Rather than lose all you’ve built when you die, planning your estate ahead of time can help you preserve your wealth by transferring your assets to your children or other beneficiaries.
April 28, 2023
Estate Planning
Transfer on Death Isn’t Always a Smart Estate Planning Strategy
A primary benefit of using TOD/POD designations is that assets held in the account will pass automatically to the beneficiary without having to go through probate.
April 27, 2023
Estate Planning
How Do I Pay for a Funeral?
No one wants to face a large bill for a funeral when they are grieving the loss of a loved one. It’s far preferable, when possible, to make arrangements in advance, utilizing one or more of the following sources of funds.
April 26, 2023
Asset Protection
Do Trusts Help with Succession Planning?
Most estate planning starts with a will. The legal document covers what to do with your assets and provides important direction on the care for minor children.
April 25, 2023
Asset Protection
Protecting Inheritances in a Blended Family
As divorce and second marriages become increasingly common, more people find themselves raising children who are not biologically their own. Estate planning for blended families should address this unique situation.
April 24, 2023
Asset Protection
The Biggest Mistakes Made with Trusts
Mistakes that are usually ugly, often costly and sometimes fatal – at least to an estate plan.
April 21, 2023
Asset Protection
Transferring Real Estate to Children
For many parents, transferring real estate to their children is an important part of their estate planning process. There are several ways that parents can do this, each with its own advantages and disadvantages.
April 20, 2023
Asset Protection
How Trusts Help with Asset Protection
The idea of asset protection for the purposes of protecting against long-term care costs is becoming both more sought-after and more necessary.
April 19, 2023