Estate Plan
Traditional Estate Planning Compared To Legacy Planning
1 Pillar of Support Compared to 4 — Focus on Life and Living Purpose, alignment, trust and communication- building and preparedness are about life and living. Focus on people first. In a study of 2,600 adult children and parents, when asked to choose only one of the four Legacy Planning Pillars, not one person surveyed…
Read MoreEstate Plan Legal Documents for a Successful Family Legacy
Most traditional estate plan legal documents are adequate, because they: Maximize tax savings (not big issue these days). May or may not provide maximum Medicaid or divorce protection for children or surviving spouse (can be built in). Financial assets invested responsibly (growth and risk factors vary for younger inheritors). Financial side 80%-100% prepared. Meet standard…
Read MoreCommon Estate Planning Mistakes Made by Farmers
Many people think that “estate planning” is really just hiring a lawyer to draft a Last Will and Testament; however, it’s more complicated than that… Keeping in mind the client’s objectives, the estate planning lawyer will help guide the client through the myriad of options available to decide the best strategy at that particular juncture…
Read MoreBest Estate Plan for You, Your Family, Heirs, and Beneficiaries
To create the perfect estate plan for you and your family, our goal is to help you match your vision of what an estate plan should be with your priorities for the future. We believe, a good estate plan should (1) ensure your life-long comfort, (2) create eternal peace of mind, and (3) establish a…
Read MoreThe Secret of Successful Estate Plans
Did you know that 70% of estate plans fail? In estate planning, the definition of “fail” is that the heirs are involuntarily parted from their assets. Several studies and many experts support this statistic, which is consistent with the reality that only 25% to 30% of family-operated businesses successfully continue from one generation to the…
Read MoreIs estate planning really important? » Leslie Paul Law PLLC
In light of the changes made to the estate tax laws in January 2013, many people might be questioning whether it is worthwhile to create an estate plan. Even if you do not have a taxable estate, it is still important to create a … Read more: Is estate planning really important? » Leslie Paul Law…
Read MoreGetting Your Estate Planning Legal Matters Prepared for the Arrival of a Baby
Long Island attorney Albert Gurevich, Esq. talks about preparing your legal matters for the arrival of a new baby. Read more: Getting Your Estate Planning Legal Matters Prepared for the Arrival of a Baby
Read MoreEstate Planning Lessons From The Boss – James (Tony Soprano) Gandolfini
James Gandolfini's untimely death at age 51 seemed more becoming of his infamous mobster alter ego "Tony Soprano" than of the actor who was described as graceful and generous. Read full article: Estate Planning Lessons From The Boss
Read MoreDivorce & Estate Planning in Utah | Utah Estate Planning Blog
As a general principle, in Utah, when a person gets divorced, provisions for his or her former spouse in his or her estate plan are automatically revoked, by operation of law… Read more: Divorce & Estate Planning in Utah
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