An inheritance can come in many forms. Sometimes it is money, sometimes it is real estate, and sometimes it’s in the form of stocks or other appreciable assets. What is often true, is that beneficiaries rarely have their inheritances appraised at the time they receive them. If you are a beneficiary receiving outright money (not […]
Archives for January 2019
Make Less Resolutions and Eat More Elephants this Year
Before you get too alarmed, the real elephants are safe. But you metaphorical elephants, watch out! I know how to eat you…and I’m willing to share how. Being as it is the start of a new year, many of us are focused on dreaming big. So we create to-do lists of resolutions and goals and […]
3 Liability Planning Tips for Physicians, Professionals, and Business Owners
You probably know that the practice of medicine is a profession fraught with the risk of liability. It’s not just medical malpractice claims either (although those are certainly scary enough). It’s the entire scope of risk from being in business, including employment-related issues, careless business partners and employees, and contractual obligations, as well as personal […]
3 Tips for Protecting Your Important Legal Paperwork in a Natural Disaster
The year 2018 has been no stranger to natural disasters. From multiple earthquakes, back-to-back hurricanes, and raging wildfires, the United States and abroad has suffered some serious natural disasters. These acts of nature can devastate your life and your family. Who knows what 2019 will bring. In addition to creating a disaster preparedness plan for […]
Planning for Individuals and Couples Without Children
Because of this traditional emphasis on the next generation, individuals and couples without children can easily arrive at the conclusion that they don’t need the same level of detail in their own plans or, worse yet, that they don’t need a plan at all. Nevertheless, there are several ways to help estate planning resonate with […]
Estate Planning…A must whether you have a little or a lot
While everyone is celebrating during this holiday season, the manner of these celebrations can vary based on differing family traditions, religions, and geographic regions. Estate planning is no different—protecting your family’s future must be customized to fit your and your family’s unique needs. No matter your level of wealth, it is important to understand that […]
Isn’t There Already A Law That Leaves Everything To My Spouse And Kids?
Many people think that if they die while they are married, everything they own automatically goes to their spouse or children. They’re actually thinking of state rules that apply if someone dies without leaving a will. In legal jargon, this is referred to as “intestate.” In that case, the specifics will vary depending on each […]
How Should Families Plan for Rising Long-Term Care Costs in the New Year?
Planning in the new year is second nature to most of us. Whether you are creating resolutions, setting goals, or simply want to spend more time with your loved ones, you may find yourself and your senior loved ones planning for the future right now. We know right now in our family we are deciding […]
3 Estate Planning Secrets the Wealthy Use That You Can Too!
Estate planning is complex and continually evolving. Often, affluent families are “early adopters” of the newest and best estate planning strategies. Luckily, by working with us, you can benefit from the same estate planning strategies that affluent families do. Here are a few techniques we should discuss soon. 1) Maintain an up-to-date, trust-centered plan The […]