by David Edwards | Sep 2, 2021 | Asset Protection, Elder Care Advising, Wills and Trusts
So, what are life estates or life estate deeds? Sometimes, instead of using a trust, people will use a life estate deed to try and protect a house or farmland. This means they deed the land to their kids but reserve the right to still use the house or the farm as long... 
by David Edwards | Jun 7, 2021 | Asset Protection
Prenuptial agreements aren’t just something you should consider in the context of what will happen to your assets in the event you should divorce. Prenups are also really handy when it comes to estate planning. What does a prenup have to do with estate... 
by David Edwards | Mar 28, 2021 | Aging Parents, Asset Protection, Nursing Home
When faced with the shocking costs of long-term care or a nursing home, many people have to scramble to figure out a way to pay the enormous fees. Realistically, the $7000+ a month it costs for a nursing home in Central Illinois is a big financial burden for most... 
by Carla Green | Jan 13, 2021 | Asset Protection, Estate Planning
We are living in interesting times. Several Edwards Group clients have expressed uncertainty about how to safely invest their money given these unprecedented low-interest rates. Certificates of deposit have long been a favorite for risk-averse investors, but in this... 
by David Edwards | Dec 2, 2020 | Asset Protection, Estate Planning
I often speak to local associations and service groups about estate planning. Oftentimes, the topic is about protecting the money people have worked so hard for. While proper planning can make things easier on your heirs after you’re gone, few people consider... 
by David Edwards | May 29, 2020 | Asset Protection
First, you’re probably wondering, “What is Life Care Planning?” Life Care Planning is a new concept in the estate planning field that came about because people are living a lot longer these days. Estate planning attorneys realized that planning didn’t just need to be...