by David Edwards | Oct 10, 2017 | Counseling, not Documents, Family Farm, For Your Kids, Grandchildren, Kids' Inheritance
We have a common saying with our kids, “Fair doesn’t mean equal.” Many of us want equality to be synonymous with fairness — maybe because it seems easier to make things equal than to navigate the complexity of fairness. But think about raising...
by David Edwards | Feb 2, 2016 | Aging Parents, Asset Protection, Asset Protection Trusts, Family Farm, Leave a Legacy, Long Term Care Risks, Nursing Home
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 | May 29, 2014 | EP-FamilyFarmsPage, Family Farm
When you pass away, what will happen to your farmland? Maybe it’s land that has been in your family for generations. For many families, saving the family farm is important. Without a specific estate plan in place, the land is at risk. You may even know families like...
by David Edwards | Mar 25, 2014 | Aging Parents, Asset Protection, Asset Protection Trusts, Cost of Poor Planning, Death of a Loved One, Divorce Risks, End of Life, Family Farm, For Your Business, For Your Kids, Getting the Job Done, Grandchildren, Kids' Inheritance, Lawsuits and Creditor Risks, Leave a Legacy, Long Term Care Risks, Nursing Home, Parents, Tax, Wills and Trusts
Michelle and I don’t gamble very often. But when we do, watch out! A few years go, the kids went to the grandparents’ and we spent the weekend in St. Louis. We were staying near Laclede’s Landing at a new hotel near the Lumiere Place Casino. The...
by David Edwards | Feb 3, 2014 | Aging Parents, Cost of Poor Planning, Family Farm, For Your Business, Nursing Home, Special Needs
Bailey and I bought some puzzles at our neighborhood garage sale a while back. We started work on a 100-piece jigsaw puzzle of Mickey Mouse and Goofy, but something was wrong. Pieces were missing — a lot of pieces! In fact, we counted and there were only 57 of...
by David Edwards | Oct 7, 2013 | Aging Parents, Asset Protection, Business or Farm, Cost of Poor Planning, Divorce Risks, Family Farm, For Your Business, For Your Kids, Grandchildren, Kids' Inheritance, Lawsuits and Creditor Risks, Marriage & Remarriage, Nursing Home, Wills and Trusts
What a Child’s Game Can Teach us About Planning… In our house, the “Down Low, Too Slow” game is very popular. It goes like this: Give me five (hand slap) Way up high (another hand slap) Down low (pull hand away before it can get slapped) Too...
