by Christine | May 15, 2015 | Asset Protection, Estate Planning, Estate Tax, Estates, Gift Tax, Inheritance, Probate, Tax Planning, Trusts |
Most of us don’t want to just enjoy our retirement and have enough money for old age, but to leave something behind as well. But what's the best way to do that? Should you leave an inheritance, or give your money away while you're still around? Let’s take a...
by Christine | May 13, 2015 | Asset Protection, Elder Law, Estate Planning, Guardianships, Probate, Trusts, Wills |
No will? If you are married with young children and both parents die who becomes the children’s guardian will be up to the state’s court system. If you do not have a will, your state’s estate laws and the probate judge will decide who will get your assets if you die....
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 | May 1, 2015 | Asset Protection, Elder Law, Estate Plan, Estate Planning, Estate Tax, Estates, Financial Planning, Individual Retirement Accounts (IRA), Living Trust, Trusts, Wills |
Small businesses, including self-employed taxpayers, have two choices after year end (2014) to establish and contribute to a retirement plan. Those two choices are the Simplified Employee Pension (SEP) plan and the individual retirement arrangement (IRA). A recent...
by Christine | Apr 30, 2015 | Assets, Elder Law, Estate Planning, Estates, Inheritance, Living Trust, Probate, Trusts, Wills |
Trusts are private—the only reason Smith's gesture went public is because players put photos of the letters and checks on social media. "I don't think he would have wanted to draw attention to himself," says the trustee of Smith's trust, Tim...
by Christine | Apr 29, 2015 | Asset Protection, Assets, Elder Law, Estate Planning, Estate Tax, Individual Retirement Accounts (IRA), Living Trust, Probate, Trusts, Wills |
An IRA Trust can be a very valuable tool in certain circumstances. Unfortunately though, many people are unaware of the IRA trust and its benefits. Trusts are only for the super wealthy, right? Wrong! The Kokomo Perspective recently posted an article titled “Are You...
