by David Edwards | Mar 8, 2020 | Funding and Asset Titling, Risks of joint ownership, Wills and Trusts
Joint ownership with a right of survivorship, or joint tenancy, is a common method of owning assets. Particularly with husbands and wives, it is a very common ownership method. Many people hear about joint tenancy as being a good estate planning tool – a way to...
by David Edwards | Jan 28, 2020 | Aging Parents, Asset Protection, Asset Protection Trusts, Charitable Giving, Grandchildren, Parents, Power of Attorney, Risks of joint ownership
In our past two posts we talked about how Elder Fraud is on the rise and the types of fraud to look out for. Here are 7 questions to ask your friends and loved ones that can raise red flags about the possibility that they are being set up as a target for Elder Fraud:...
by David Edwards | Nov 14, 2019 | Cost of Poor Planning, EP-HomePage, Risks of joint ownership, Wills and Trusts
It was recently Estate Planning Awareness Week. This concept was developed because estate planning is an often-overlooked element of financial wellness. And it’s one that is quite easy to put off thinking about. Here at Edwards Group, it’s estate planning...
by David Edwards | Mar 1, 2017 | Cost of Poor Planning, End of Life, Kids' Inheritance, Parents, Risks of joint ownership
The Brock’s were just an average young family in the 1980’s. The father, Robert, had been to Vietnam and back a decade earlier. The mother, Margaret, stayed at home with their two young boys, James and Steven. The family lived in a modest ranch house in...
by David Edwards | Jan 13, 2014 | Counseling, not Documents, End of Life, Parents, Power of Attorney, Risks of joint ownership, What a Will Doesn't
Elisa (who handles all of our communications like newsletters, mail outs and web content) was on the playground the other day talking to some moms after school. They know what she does, so through the course of the conversation powers of attorney came up. (We’ve...
by David Edwards | Mar 12, 2012 | EP-FamilyFarmsPage, Family Farm, Risks of joint ownership, Wills and Trusts
Grandad left his property to Dad. Then when Dad passed away he left it to his two daughters and one son. The three kids owned it jointly after he died. Everything seemed fair and good. They never saw a need to divide the property. Well, the son was in his 50’s...
