You’ve worked hard to provide financial stability for yourself and your loved ones, but your assets may be at risk. In our blog, we discuss using strategies such as trusts and family limited partnerships to protect assets from creditor claims, divorce, lawsuits, or taxation. To learn how we can assist with your specific asset protection needs, please contact our office to request a free initial consultation.
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Yes, Even Millennials Should Have An Estate PlanDespite common misconception, younger individuals can benefit from having estate planning documents in place. Here are some helpful documents for millennials.
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How to Get the Most out of Retirement: “Stretching and Protecting” Your Wealth
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Do You Need a Trust?Trusts can be of major assistance in achieving your estate planning and asset protection goals. What is a RLT? is it a necessary addition to your estate plan?
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Estate Planning Tips for the New YearLife is full of changes, however, with these helpful tips, you can ensure that your estate plan best serves you.
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Trust decanting is a process that can be utilized to modify or alter the terms of an irrevocable trust.An irrevocable trust is an estate planning tool designed to limit the grantors' ability to alter its terms - but there are steps you can take to change it.
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Naming a beneficiaries to accounts can cause unintended problems. Learn why there are better alternatives to naming a beneficiary to an account.Adding a family member as a beneficiary to an account can be a low cost way to plan part of an estate, but sometimes there can be drawbacks.
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Planning as part of the sandwich generation presents enormous challenges. Here are 6 steps to take to meet those challenges.The "Sandwich Generation" is caught between caring for their parents and their children. Planning for them both can be challenging.
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Holiday gatherings with family may be a good opportunity to discuss many aspects of an aging loved one's planning and wishes should they get sick.Family get togethers are not merely an opportunity to reconnect with loved ones.
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What steps can we take to try and prevent Alzheimer's disease?Alzheimer's Disease has a lasting impact not just on the person who has it, but on the whole family.
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It Is Important to Have a Plan for Your Assets and Property Estate While UnmarriedAmong older Americans, divorce and widowhood are at an all-time high, leading to new partnerships.
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Managing Family Wealth and Minimizing TaxesMany legal strategies are used to maximize wealth preservation and minimize tax liabilities for high-net-worth families. Changing federal and state tax laws can impact new and existing estate plans.
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Your Plan Will Also Protect Your Legacy From Your Children's Potential Divorces or BankruptciesYour family’s memories of you can be connected, through your things, in deeply emotional ways that may have nothing to do with the actual cash value of items.