Posts tagged with "Kids Protection Planning"



Estate Planning · April 24, 2020
Keeping your loved ones out of the probate court and conflict is the primary reason for establishing a living trust. It plays a major part in you and your loved one's life because it does not only keep them out of court and conflict, but it also helps educate them on your true purpose and details what your wishes are for your assets upon your demise. Read here to know if your living trust is set up the right way for the people you love.
Estate Planning · December 13, 2019
Safeguarding your child's inheritance is critically important to ensure that what you pass on is there when it's needed the most and put to the best use possible. Hence, choosing the right trustee and writing up guidelines and directions on how you'd like the trust assets to be used ensures your trustee is aware of your values and wishes when making distributions, therefore, prevent your heirs from going through court and conflict.  
Estate Planning · November 29, 2019
As a parent, one of the motivating factors driving your life's work is to leave your children an inheritance to help secure their future, and regardless of how much or how little it can be, in some instances, an inheritance can wind up doing your kids more harm than good. Putting up a Lifetime Asset Protection Trust is a must to prevent such from happening and to safeguard your hard-earned assets from being wiped out. Read here to know the benefits of these trusts in further detail.
Estate Planning · November 15, 2019
Naming long-term guardians for your kids is critical and should be your number-one planning priority to ensure they will never end up in the hands of strangers in the event of your incapacity or death.
Estate Planning · October 11, 2019
Same-Gender spouses are often challenged when they need to make parental, medical, and financial decisions for partners who are incapacitated or unable to communicate because they may have family members who remain opposed to the validity of their marriage. If you're in the same situation, you especially must need to put a comprehensive estate plan specifically design for your situation to ensure your planning strategies for your loved ones work exactly as you intended. Learn more here.
Estate Planning · September 20, 2019
Proactive measures to help stave off risks posed by the big wealth transfer is important to make sure your wealth is protected and put to the best use possible, regardless of how much or how little wealth you plan to pass on or stand to inherit. Having a comprehensive plan and openly discussing your values and legacy with your loved ones is another key way to ensure your planning strategies work exactly as you intended. Here are several important actions to take for wealth transfer.
Estate Planning · August 20, 2019
Putting a proper Estate Plan in place gives you confidence and peace of mind that your assets will be protected and that your loved ones will be provided and cared for no matter what happens to you. Without one, your heirs could face huge tax burdens, hefty attorney fees, or worse, the courts could designate how your assets are divided and even who gets to raise your children.
Estate Planning · June 28, 2019
You might assume your close family and friends will take care of your children if anything ever happens to you, but everything won’t be simple and easy unless you prepare for it. Your family and friends would probably want to take care of your children, but it is not up to them to decide. If you did not appoint a guardian for your children, even a stranger could gain custody of your loved ones. Plan now so you could make certain that your children are never taken into the care of strangers.
Estate Planning · July 20, 2018
If someone has asked you to serve as trustee for their trust, make sure you are ready for the responsibility before accepting. It does not require you to be an expert in law, finance, or taxes, but it is a major responsibility that you should thoroughly understand before giving your answer. However, you shouldn’t be afraid that you will not be able to do the job, it doesn't require experience to be successful. It does require a clear understanding of your duties, which we have summarized here.
Estate Planning · July 13, 2018
If someone has asked you to serve as trustee for their trust, make sure you are ready for the responsibility before accepting. It does not require you to be an expert in law, finance, or taxes, but it is a major responsibility that you should thoroughly understand before giving your answer. However, you shouldn’t be afraid that you will not be able to do the job, it doesn't require experience to be successful. It does require a clear understanding of your duties, which we have summarized here.

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