Part 1of a 2-Part Series Why Ignoring the Importance of Incapacity Planning Could Lead to Serious Consequences For reasons no one can quite understand or explain, deaths spike during the holidays. Weird, we know. But while we’re on the subject, we might as well address the elephant in the room; despite careful planning, you may […]
Category Archives: Assets
Receiving an inheritance is a huge blessing. However, it it is not handled properly, it could become a curse. For example, often times, the inheritor does not know what to do with the new asset and runs into financial trouble. Without care, inheritors can squander most, if not all of the inherited funds. In such […]
Some financial articles insist that a will is not the best way to leave assets to heirs. But why is that? Won’t scribbling something on a napkin work? Wills often lead to long and expensive court proceedings. Countless other more-efficient ways could be used, all of which more effectively pass property to family. Why a […]
Asset Protection Strategies Estate planning is not only about detailing your wishes after you’re gone. It also means protecting your assets for as long as possible, so you can enjoy the fruits of your labor. Understand the Attorney’s Role Before diving into asset protection strategies, it’s crucial to understand the scope of assistance you’ll receive […]
Although folks tend to think a single visit to an estate planning attorney should suffice for a lifetime, certain circumstances necessitate follow-up appointments. While not an exhaustive list, the following scenarios exemplify times when you may want to pick up the phone. 4 situations to call your estate planning attorney