Planning for long-term care is an important aspect of estate planning that can help you protect your assets and ensure proper care for you and your loved ones. Long-term care planning offers several important benefits for your estate plan. By understanding the...
Choosing an executor for your will is an important estate planning decision that requires careful consideration. An executor, also known as a personal representative, plays a vital role in administering your estate and carrying out your final wishes. Here are five key...
According to a study conducted by Heath Affairs, of the almost 800,000 questioned people, only 1/3 of them had advance directives completed in their estate plan. Understanding advance directives and knowing when to write them is important for ensuring that your loves...
When creating your estate plan, you want to ensure you cross all your t's and dot your i's. If you have a special-needs loved one, it is important to ensure they will continue to have financial security and necessary care after you pass away. Special-needs trusts are...
In this blog post, you will discover: The most effective ways to protect your assets from lawsuits The most effective ways to protect assets from stock market crashes The best ways to limit exposure or protect assets from taxes A negligence lawsuit, such as an auto accident or a slip and fall at a business, […]
In this article, you will discover: What is involved in succession planning of a business If a buy/sell agreement can be included in your estate plan Estate planning documents by themselves will not protect your business from lawsuits or debts. But, estate planning documents in combination with a proper business organization setup can protect you […]
In this article, you will discover: The possible dangers of drafting your own will or trust Yes, you can draft your own will or trust. I have reviewed many self-written wills and trusts during my career, and I have also reviewed wills and trusts created from online forms. I have personally never seen a self-written […]
In this article, you will discover: The purpose of trusts When you must have a trust A trust is a written document that specifies who you want to handle your estate at your death and who gets your assets at your death. It sounds like a will, but it functions very differently. 1. A trust […]
In this article, you will discover: The purpose of trusts When you must have a trust A trust is a written document that specifies who you want to handle your estate at your death and who gets your assets at your death. It sounds like a will, but it functions very differently. 1. A trust […]
In this article, you will discover: Ways to avoid costly expenses for probate in Texas Probate requires an attorney to file your will for probate. In turn, there will be attorney fees, court costs, and, depending on the assets in the estate, costs for appraisals, etc. The bottom line is that probate can consume a […]