What Business Entities May Be Used in Business Succession Planning?
When we do business succession planning, the entities we create could be a family trust, wherein the senior generation passes control of the entity, management
June 26, 2020
Category: Estate Planning
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When is It Better to Sell a Business Than to Start Business Succession Planning?
Selling your business is part of the succession plan. Business succession either happens while you’re alive, an asset sale, or a component of your estate
June 26, 2020
What is Business Succession Planning in Estate Planning?
Business succession planning is the process whereby the ownership and management of a business, plan for the succession and continuation of the business based on
June 26, 2020
Is It Difficult to Name Your Children as Powers of Attorney or Executors?
Naming your children as executors or powers of attorney is simply a matter of sitting down with your estate attorney, clearly communicating what it is
June 26, 2020
How Can a Trust Avoid Probate?
Titling your assets in the name of a living trust will keep you and your family out of probate court. When you set up a
June 26, 2020
What Are the Different Types of Trusts Used in Estate Planning?
There are many different types of trusts. The creator of a Revocable Trust, often called the Grantor, retains certain rights with respect to the trust: usually,
June 26, 2020
What Exactly Is A Trust?
A Living Trust is a legal instrument like a will, which has instructions for what you want to happen to your assets at incapacity or
June 26, 2020
What Facets of a Current Estate Plan Might Need to Be Updated?
Older individuals who already have an estate plan that they created in the early 2000s or mid-2000s might have complicated trust planning that was designed
June 26, 2020
When Should Someone Begin Estate Planning? Is Retirement Too Late?
Retirement is not too late to begin estate planning. Ideally, estate planning begins when you reach adulthood. However, frequently, parents will request basic estate documents
June 26, 2020
Estate Planning
The Key Elements of Estate Planning
To protect your estate plan, a living trust should be included. It helps your assets after your passing. It easily passes your assets to your
June 17, 2020