by Christine | Jun 7, 2015 | Asset Protection, Estate Planning, Estates, Individual Retirement Accounts (IRA), Inheritance, Living Trust, Power of Attorney, Probate, Trusts, Wills |
"The costliest errors are ones we make ourselves, often without realizing how much damage we're doing." "Estate planning is intertwined with the financial plan," a newsmax.com article explained, and it’s no secret that many individuals fail to...
by Christine | May 19, 2015 | Advanced Health Care Directive, Conservatorships, Elder Law, Estate Planning, Estates, Guardianships, Living Trust, Power of Attorney, Probate, Trusts, Wills |
"A lot of people think this is just about elderly parents, but it's a big issue for people with adult children away at school or on their own as an unmarried adult," said Carnick, president of Carnick & Kubik Personal Wealth Advisors. "Who's...
by Christine | May 12, 2015 | Advanced Health Care Directive, Asset Protection, Estate Planning, Estates, Inheritance, Living Trust, Power of Attorney, Probate, Trusts, Wills |
"Everyone of majority age needs at the least a will, a health care directive and a named power of attorney," says Mike Sena, a certified financial planner with White Street Advisors, a money management firm. "The express purpose of estate planning is to...
by Christine | Apr 21, 2015 | Advanced Health Care Directive, Asset Protection, Elder Law, Estate Planning, Estates, Living Trust, Power of Attorney, Probate, Trusts, Wills |
"The mess comes when you don't have proper estate planning," said Robert Nachshin, a family law attorney based in Los Angeles. An important tool in that toolbox is a prenup, which spells out how assets should be split up if the marriage fails or a spouse...
by Christine | Apr 9, 2015 | Asset Protection, Estate Planning, Estates, Living Trust, Power of Attorney, Tax Planning, Trusts, Wills |
Dr. Richard Grossman amassed his fortune as the founder of the Grossman Burn Center in Los Angeles, one of the first to use a hyperbaric chamber to prevent infections in burn victims and speed their recovery. He retired from his medical practice in 2013. Lawyers for...
by Christine | Apr 8, 2015 | Asset Protection, Elder Law, Estate Plan, Estate Planning, Incapacity, Living Trust, Power of Attorney, Probate, Trusts, Wills |
Ernie Banks died on January 23rd at age 83 from a heart condition. Interestingly, his death certificate listed dementia as a “significant condition contributing” to his death. Why is that important? Well, three months before he died, Banks signed a new...
