Low interest rates have really smacked investors around for several years. But if you have a taxable estate, you can use a Charitable Lead Trust to actually take advantage of low rates. If you do, you can “stick it to the man”, save a boat load of money on estate taxes and at the same […]
Estate Protection
You can do everything right; stay out of debt, save and invest, and your family may still have nothing to show for it if you aren’t careful. This category explains estate planning in plain English so you’ll understand and be empowered to take action the right action. It also describes the simple and inexpensive things you can do to protect everything you’ve worked so hard for all your life.
Note: You should speak to a qualified attorney before taking action. This is not meant to substitute for appropriate legal advice.
What Is a Family Trust?
Even if you have one, you may not know what a family trust is. Because it might be the cornerstone of your family’s financial security, it makes sense to take a minute to explore. A family trust is also known as a revocable living trust. The family or living trust is a simple yet extremely […]
Healthy People Planning for End of Life Now. How and Why.
This may seem like a super morbid topic but if you have a family, I can’t think of any subject more important than planning for end of life. I know first-hand what it’s like when people don’t take this step. Both my parents passed away by the time I was 17. They had no financial […]
Use Gift and Estate Tax Law To Protect Your Family
You can take a few simple steps to significantly reduce (or eliminate) your gift and estate tax. And at the same time you can protect your family – big time. The bad news is that if you ignore this subject, you’ll needlessly take money out of your heirs’ pockets and put it right into the […]
Power of Attorney Liability – Overlooked Risks
As the title of the post states, Power of Attorney liability is much greater than you think. And what’s more important is that your liability as Power of Attorney emanates from sources you least expect as you’ll see. That’s right. Problems of liability can blindside you and put you in a world of hurt. Before […]
How to Hire An Attorney
If you have a conflict, it’s always better to find an amicable resolution rather than hire an attorney. But sometimes people are toads and they won’t play nice. When that happens, it’s time to call in the infantry and find a good lawyer. But keep in mind that you must be extremely thoughtful about your […]