Protect Your Legacy and Prepare Your Family for the Future You have worked hard for years to build and protect your legacy, but have you thought about what will happen to it once you are gone? Your wealth can either unite your family or create unnecessary tension if there isn’t a plan in place. Preparing
Controlling What Happens to Generational Wealth After You’re Gone Read More »
Nearly everyone will need long-term care at some point in their lives, so planning is vital. While we cannot predict the timing or level of care, we can take steps to prepare for an unexpected medical and financial crisis to help reduce the stress on ourselves and our family members. The cost of care continues
Qualifying for Medicaid: A Five Year Look- Back Without Penalties Read More »
Talking to Your Spouse or Partner About Estate Planning Comprehensive estate planning starts with honest conversations between you and your spouse or life partner. Before meeting with an estate planning attorney, take time to discuss your priorities so you can present a united vision. These conversations can be difficult, especially if you have different views
Talking to Your Spouse or Partner About Estate Planning Read More »
A limited liability company (LLC) exists structurally between a partnership and a corporation. Most small business owners are aware this hybrid legal entity is beneficial for financial management, yet an LLC is also a powerful estate planning tool for much the same reason. In the case of estate planning, a Family LLC permits the transfer
Choosing the Right Person to Make Financial Decisions for You Who will you trust to manage your finances and make decisions when you can no longer do so? This is one of the most important choices you will make in your estate plan. A Power of Attorney (POA) — sometimes called an “agent” — is