Will an asset protection trust protect your assets from creditors, lawsuits, or other financial risks? If you’re considering an asset protection trust or want to learn more about how it can fit into your estate plan, this article will guide you to the next step.
At some point, you’ll want to share your estate plans with your loved ones—and the first step in this process may be to hold a family meeting.
While last-minute estate planning poses challenges, some steps can be implemented to tackle crucial considerations.
Alarmingly, approximately 50 percent of American adults lack any form of POA, but that is not surprising when you realize that only 45 percent of adults over the age of 55 have a will.
The person you choose to inventory and distribute the assets of your estate should not learn that fact while deep in grief.
Incapacity planning is a crucial aspect of managing your estate and ensuring that your wishes are honored if you cannot make decisions for yourself. This article will examine the various components of incapacity planning, offering comprehensive…
Whether you’re a parent with a special needs child or an adult caring for an elderly or special needs loved one, understanding the benefits of a comprehensive Special Needs Plan is crucial. Careful planning ensures that the individual with special needs has clear financial security upon your death, as well as specific goals to address the needs of your child or loved one so that they can be successful in the future. From guardianship and living arrangements to managing finances and planning for adulthood, each element of a special needs plan plays a crucial role in ensuring a secure and…
Have you managed to avoid the eight most common estate planning mistakes? Your family will thank you.
Losing the founder or long-time owner of an enterprise can leave the business adrift and shatter family relationships. However, it doesn’t have to be that way.
Making a plan in case you become incapacitated and preparing for your eventual death can help you to protect your assets and preserve your legacy.
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