by David Edwards | Jul 26, 2020 | Asset Protection, College Financial Aid, Cost of Poor Planning, Death of a Loved One, Divorce Risks, For Your Kids, Grandchildren, Marriage & Remarriage, Parents, Wills and Trusts
Women today have many unique situations that require special treatment when it comes to estate planning. Well, maybe not special treatment, but women need to take extra care that they are protected through good planning. Here are some examples: Young mom stays home...
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 | Mar 6, 2020 | Cost of Poor Planning, Popular, Wills and Trusts
Do you have an old will? Does it need to be updated? Most changes any estate plan faces can be summed up by examining the “3 L’s”: Life – What has changed in your family, your health or your finances since your last will was created? Law – What legal or tax...
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 | 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...
