In the heat of summer, we don’t just protect ourselves with a ball cap or a little zinc oxide on our noses. No, we add extra layers of protection. We avoid dehydration by drinking more water. Too hot to go outside? Head inside for some deliciously cold AC. And sunscreen protects our skin from sunburns…
DetailsJudge Wapner of the television show The People’s Court often told people, “Get it in writing.” That idea – get it in writing – is so true in many situations, even when dealing with someone you love and trust. Estate planning has its fair share of horror stories where vague promises lead to a prolonged…
DetailsBusiness owners have special estate planning needs. After all, they’re not just handing down a pile of cash, the family homestead, and Grandma’s antique armoire. Their companies have customers, vendors, and employees that rely on the company’s continued operation. Even if the owner is incapacitated or passes away, orders must be fulfilled, vendors paid, and…
DetailsYou have many options to consider when developing a great plan for how your property will be distributed after your death. Your attorney may suggest including certain provisions in your Will or creating and funding a trust. Another suggestion may be to use a deed to transfer property to your heirs. If you own real…
DetailsPeople usually have the best intentions when deciding who will get their property after they’re gone. Good estate planning can give a sense of contentment, satisfaction, and peace of mind. But taking a long, hard look at your heirs may cause some people to cringe a little. Can their loved ones really handle getting large…
DetailsThe list of things we put off doing can be long. Sometimes it’s a simple case of procrastination, but we often have other reasons to avoid taking action. Sometimes we just make excuses. This is especially true if we have a big decision to make – like retiring. Reluctant retirees may be concerned about any…
DetailsLots of people own property in more than one state. Some people leave their home base so to speak to spend time in a vacation home. Others like seeing the country from the windows of an RV. And others move South with the seasons. Whether you’re moving for business, excitement, or because you hate snow,…
DetailsLife hits us hard sometimes and often without notice. Incapacity or disability can creep up slowly or alter your life in an instant. As with other things in our lives, thoughtful preparation can remove some of the stress and uncertainty we feel while dealing with life changes. How can you go about planning for incapacity…
DetailsAn ancient philosopher once said “there is nothing so constant as change.” With each new event in our lives, we assess our current path and make corrections as needed. The same is with our life care planning – certain events create opportunities to review and modify your estate plans. Your Family Changed Some changes in…
DetailsEstate planning is one of the most important things a person can do. Properly executed estate plan documents provide an orderly way to take care of a person’s property after death or incapacity. In some cases, that property will continue to be used by family members for generations. As a business owner, you know the…
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