by David Edwards | Dec 2, 2020 | Asset Protection, Asset Protection Trusts, For Your Kids, Kids' Inheritance, Lawsuits and Creditor Risks, Marriage & Remarriage, Parents
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 | Jan 14, 2020 | Aging Parents, Asset Protection, Cost of Poor Planning, Grandchildren, Kids' Inheritance, Parents, Power of Attorney
When you see an article in the paper about a senior being taken advantage of, it often involves a power of attorney. A power of attorney is a great legal tool that lets someone else help you pay your bills or manage finances and property. But, watch out! If you name...
by David Edwards | Dec 21, 2019 | Asset Protection, Business or Farm, Divorce Risks, Estate Tax, For Your Business, For Your Kids, Kids' Inheritance, Marriage & Remarriage, Tax, Wills and Trusts
We often use life insurance as a tool in helping clients. Life insurance is important in many estate-planning situations, such as the following: Young families. Life insurance can help raise the kids and get them through college if a young parent dies unexpectedly....
by David Edwards | Nov 15, 2019 | Asset Protection, Cost of Poor Planning, Do you need a lawyer?, Kids' Inheritance, Nursing Home, Wills and Trusts
I often hear people say, “I don’t need an estate plan. I don’t have an estate!” But that’s not true. Virtually everyone can benefit from having a personalized estate plan, which is, at the very least, a will. Without one, the state of...
by David Edwards | Nov 20, 2018 | Counseling, not Documents, For Your Kids, Kids' Inheritance, Leave a Legacy
What story from your life or your parents’ life needs to be remembered? Did your grandmother board a ship at the age of 15 and immigrate to America all by herself? Does your grandfather have great stories about the shenanigans that went on at the family farm?...
by David Edwards | Oct 2, 2018 | EP-ProtectingAssetsSavings, For Your Kids, Kids' Inheritance
So, where will your stuff go when you die? Think about it for a minute. Who will get your stuff and how much will they get? Will the inheritance you leave make a big difference in their financial lives? In many cases it will, and it may be a lot more money than they...
