by David Edwards | Mar 6, 2020 | Asset Protection, Asset Protection Trusts, EP-WillsTrustsPage, Why use a Living Trust?, Wills and Trusts
Imagine you’re on a cloud looking down after you’re gone. You see all of your loved ones, and you see all the stuff you worked so hard for (like maybe your beloved house). What is happening? Are the people left behind doing what you hoped they would? Are your assets...
by David Edwards | Nov 5, 2019 | Asset Protection, Asset Protection Trusts, Cost of Poor Planning, Leave a Legacy
When John Meier* died, he thought he had taken care of everything. He even left a will expressing his wish for his two children to share the lakefront property he had owned for over 50 years. Unfortunately, sometimes, wishes don’t come true. The traditional will...
by David Edwards | Mar 13, 2019 | Asset Protection, Leave a Legacy, Long Term Care Risks, Nursing Home
There’s a real problem facing Americans over the age of 65 — the cost of nursing home care. It’s expensive and often unavoidable. A lucky few have enough income to cover the $80,000 per year cost. But how does the average person afford it?...
by David Edwards | Mar 8, 2019 | Asset Protection, Cost of Poor Planning, EP-LongTermCarePage, Leave a Legacy, Long Term Care Risks, Nursing Home
You may be a couple decades away from needing nursing home care, but the sooner you can understand and plan for the costs involved, the better. Here are three truths everyone should know about nursing homes: 1. You’ll probably need nursing home care. The...
by David Edwards | Nov 7, 2018 | Asset Organization, Asset Protection, Cost of Poor Planning, Counseling, not Documents
Getting organized is a key part of the estate planning process. Estate planning simply means you have a plan to handle your finances, your care, and your family when you can’t do it anymore — whether that’s because of sickness or passing away....
by David Edwards | Apr 18, 2018 | Asset Protection, For Your Kids, Long Term Care Risks
We’ve previously talked about asset protection, but before we jump into some real-life examples, let’s review: Asset protection is simply protecting the things you own. This could be your house, your savings accounts, your IRAs, farmland, etc. Life is unpredictable,...
