Trust Planning for Families with Special Needs
Children with special needs typically require special parents. This article is intended to provide peace-of-mind through education for those incredible moms and dads who invest so heavily into the daily lives of their children, and would like to learn more about how to best protect their children in the future.
Why You Should Set Up an Irrevocable Trust
An Irrevocable Trust is a trust that you generally cannot revoke or change. You may want to set up an Irrevocable Trust to reduce estate taxes, or even protect your property against Divorces, Lawsuits and/or Creditors. Let’s learn more about how Irrevocable Trusts are structured, and the benefits they can provide.
Think Twice Before You Gift Your House to Your Children
Giving away your home to your children before you pass away can have major tax consequences and prevent legacy planning opportunities. In spite of this, many people follow outdated advice of giving away property before they pass away.
Asset Protection For Entrepreneurs
Going into business for yourself is a risky endeavor. From investing in goods and services and hiring employees to simply carrying out the daily tasks related to your business, each step is fraught with risks. This is especially true given the litigious nature of our society. As a result, many entrepreneurs employ asset protection strategies. Asset protection is a form of strategic planning aimed at minimizing risk and protecting assets from creditors’ claims and litigation.
Covid-19: Estate Planning Steps to protect Yourself and Your Family
News about the coronavirus is everywhere, and we have all been affected by it in some way. Take back control by taking these steps to protect ourselves and our families, both physically and financially.