Posts tagged with "irrevocable living trust"



Estate Planning · March 01, 2024
4 Reasons Why Estate Planning Is So Essential For Business Owners
It's easy to prioritize other business matters over estate planning when you're running a business. But, in reality, one of your most pressing responsibilities is to consider what would happen to your business if you became incapacitated or died. Although estate planning and business planning may be two distinct tasks, they're inevitably linked. And, because your company is likely your family's most valuable asset, estate planning is critical not only for your company, but also for your family.
Business · February 02, 2023
What Every Business Owner Needs Now… Live Every Day As If It Could Be Your Last
As a business owner, balancing your passion for work with your commitment to your family and personal pursuits can be challenging. You can pursue your passion without sacrificing the protection you give your family and assets. Don't risk doing anything - take action to safeguard your assets and personal life. Know more about prioritizing your personal life, protecting your business, and pursuing your passions. Read more...
Business · January 26, 2023
4 Fundamental Asset Protection Vehicles For Business Owners
Many challenges may arise both during startup and after you've established your business. You have to safeguard assets and cut your losses as much as possible because of the possibility of legal action or bankruptcy. And yet, how would you handle them? In this article, I'll go through four essential asset protection vehicles you may use to safeguard your personal finances while you establish and grow your company. Learn more.
Estate Planning · October 24, 2022
Trusts & Taxes: What You Need To Know
One of the most frequent inquiries we receive is regarding the function of trusts in reducing tax obligations. We're here to inform you of the tax implications connected with various forms of trusts, given the demand for knowledge about the importance of trusts on taxes. If you want to understand how taxes, trusts, and estate planning interact, this article is for you. More information is available by clicking the link.
Estate Planning · October 19, 2022
2022 Estate Planning Checkup: Is Your Estate Plan Up-To-Date?
Estate planning is a continuous activity, not a one-time event. You probably already know how vital it is to make an estate plan, but you might not realize how crucial it is to keep that plan up to date. If you want your plan to succeed and keep your family out of court and out of conflict, you need to update it immediately in response to frequent life occurrences. No matter who you are, your life will change: families change, assets change, laws change, and ambitions change. This article will o
Estate Planning · October 12, 2022
5 Smart Ways To Pay For Your Funeral That Won’t Leave Your Family To Foot The Bill
It is never easy to think of your passing, even harder considering that even death has a price. The average funeral cost is between $7,000 and $12,000, rising yearly. Yes! You made a bequest in your will to pay for funeral expenses. However, the money is not readily accessible because of the probate court procedure. Imagine your loved ones experiencing both grief and financial hardships. The best course of action is through us, your Personal Family Lawyer®. Allow me to demonstrate the five most.