by David Edwards | Sep 10, 2021 | Asset Protection, Cost of Poor Planning, Counseling, not Documents, Getting the Job Done, Tax
“An ounce of prevention is worth a pound of cure.” When it comes to estate planning, this quote from Benjamin Franklin could not be more true. Oftentimes, people don’t think of estate planning, or the issues related to it, until it is too late. As a...
by David Edwards | Apr 27, 2021 | Aging Parents, Asset Protection, Business or Farm, Disability, Divorce Risks, Estate Tax, Family Farm, For Your Business, For Your Kids, Grandchildren, Kids' Inheritance, Lawsuits and Creditor Risks, Marriage & Remarriage, Nursing Home, Parents, Tax, Wills and Trusts
The Bucket List, a 2007 Morgan Freeman and Jack Nicholson movie inspired a lot of people to think about their own bucket lists, or the things they would like to do before they die. While a trip around the world in a sailboat may seem a lot more exciting and...
by David Edwards | Mar 4, 2020 | Aging Parents, Asset Protection, Disability, Divorce Risks, For Your Business, For Your Kids, Grandchildren, How to Choose an Attorney, Kids' Inheritance, Lawsuits and Creditor Risks, Long Term Care Risks, Marriage & Remarriage, Name Guardians, Nursing Home, Tax, Wills and Trusts
I remember a phone call I had with a company who sells software to law firms. Their product seemed like something that might be helpful, and I was interested to learn more. I spent an hour on the phone with this guy and things looked good — until the salesman...
by David Edwards | Feb 12, 2020 | Aging Parents, Asset Protection, Disability, Income Tax, IRA's, Kids' Inheritance, Long Term Care Risks, Nursing Home, Parents, Power of Attorney, Tax
Navigating the challenges of in-home care can be a little easier with an experienced guide by your side. Here are 9 ways an elder law attorney can help if you or your loved one has in-home care: 1. Set up caregiver agreements and in-home caregivers. There are a lot of...
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 | Aug 8, 2017 | Cost of Poor Planning, Counseling, not Documents, Estate Tax, Leave a Legacy, Tax
Have you ever heard the phrase, “stupid tax”? I hate paying a stupid tax, because it’s always something that could have been avoided. A few years ago my wife and I went with my parents to see an Illini basketball game in Champaign. After eating at...
