Wills and Trusts: In Plain English Everyone has heard of wills and trusts. Most articles written on wills and trusts often presume that everyone knows the basics of these important documents. In reality, many of us do not. Many of the legal concepts are rooted in complicated, centuries-old law. Not knowing how these documents work causes some people to not …
What Is Asset Protection? Do I Need It? When you hear “asset protection planning,” you may think of people like Jeff Bezos or Warren Buffett. Many believe that only wealthy families and people in high-risk professions need asset protection planning. In reality, everyone is at risk of being sued. A car accident, foreclosure, medical crisis, or business failure could result …
Updating Your Estate Plan: Spring Cleaning: Time to Clean Up Your Estate Planning Your estate plan, like your home, periodically needs a thorough polishing. Your life circumstances are constantly changing, and an estate plan that perfectly met your needs a couple of years ago may now be cluttered with outdated provisions or documents. With spring fast approaching, now is the …