Informative articles regarding Estate Planning, Accounting and Financial Services
Signing a living trust isn’t the end of the estate planning process. You also need to fund a trust. Knowing how to fund a living trust is vital for the trust to accomplish its goals. Funding a living trust involves transferring property to the trust. An asset not transferred to the trust is not […]
Yes, we all have an estate. Your estate consists of everything you own. So, big or small, everyone has an estate and regardless of size, you cannot take it with you when you die. Planning the Inevitable When the inevitable happens you like most people, will probably want to control how those things are devised. […]
Estate Planning -The Disconnect between the rich and poor. Like many things in life the lines between the “haves and the have nots” has been clearly defined for many years, decades; well, since the beginning of time. Society is not structured for everyone to be wealth and prosperous, at least not at the […]
One of the most import estate planning decisions that one makes is choosing Life Insurance beneficiaries. Naming who should get money after you die sounds like a simple and easy task; however, Life Insurance mistakes are common and can have devastating results. Let’s examine several common mistakes made in regard to Life Insurance: Naming a […]
COVID round three. And cases spike across the nation for the third time this year. Cases continue to grow and state are struggling to provide care. Unfortunately, the spread this time is from coast to coast and far worse than the spikes experienced in the Spring and Summer. With COVID round three close to 250,000 […]
Life can and often does change in the blink of an eye. Whether you’re planning a wedding of starting your family it’s essential that your Estate Plan change with your life. So, if you’ve recently married, divorced, started a new business, or purchased your dream home, reviewing your Estate Plan today can save your loved […]
Deciding whether to draft a Trust or a Will is an individual decision and should be made on a case by case basis with an Estate Planning expert. Here are some facts about both Trust and Wills that may help make your decision a bit easier. Compare and Contrast Yes, most of my clients with […]
What COVID -19 has Taught Us About Estate Planning? So, as the COVID-19 Pandemic sweeps its way across the United States, over 50% of all Americans still do not have an estate plan. This has struck a resounding alarm. But, most people recognize the importance of planning their estate. However, most people also believe that […]
In the Blink of an eye life can change forever. Estate Planning is not only for you, An Estate Plan is more for the ones we leave behind. Take care of the ones you love the most. However, we know two things are certain; death and taxes. Despite these uncertainties, over 50% of people fail to […]
Why buy/sell agreements matter The majority of businesses created in the United States are small businesses. Therefore, many of these companies are not publicly traded and thus create the need for Buy/Sell agreements. Closely-held businesses are formed as LLC’s, Partnerships, or C-Corporation. So, determining the value of a closely held corporation is challenging. Large publicly […]
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