5 Ways to Incorporate Charitable Giving Into Your Estate Plan
Ask yourself this question: “How much is enough?” You take care of your family, build a home, somehow amass a small (or large) stack of assets. What do you do with them when you die? For many families, sharing their time, talents and resources with others is a way of life. If your children are […]
Around the Web: Aretha Franklin had no will or trust at the time of her death, report says
Losing a loved one is always painful, but it’s something for which we all must prepare. One thing everyone could do to make their own passing a little less difficult on their family is to have a properly planned estate. When the beloved Queen of Soul Aretha Franklin passed away last week, she did not […]
Charitable Planning: What Is It and Why Is it Important?
Charitable giving amounted to $410.02 billion in 2017 and has steadily increased over the last 40 years. A 2018 study showed charitable giving increased by 4.1% in 2017. More people are looking for ways to donate, and are seeing great benefits when they do. Charitable planning is a way to support charities and non-profits that are near and […]
9 Will and Estate Planning Mistakes to Avoid
If you’re making dinner or helping your kids do math homework, the last thing you want to think about is mortality. Unfortunately, you’re not alone – 64% of Americans don’t have a will, and 27% said there was no urgent need for them to get one. But will and estate planning are vital to ensuring that your […]
Lights, Camera, Action: Rhodes Makes Appearance on TV Program
Our very own attorney, Daniel Rhodes, made a special guest appearance on the program LawCall recently to help answer questions about protecting your assets, trusts, and more. If you didn’t get a chance to tune in to this episode, you can see some clips of the episode here. LawCall is a weekly program that features local […]
10 Helpful Tips For Donating Money to Charity
Have you recently acquired a substantial amount of wealth? Are you considering donating some of the money to different charities? Whether you’re looking to donate a large amount of money or simply make a small donation, planning your charitable contributions is important. If you don’t plan properly, you could end up donating money to an […]
Around the Web: That fortune will be lost if you don’t add cryptocurrency assets to estate plan
Cryptocurrency values are rising and so is the wealth of its investors. Adding cryptocurrencies to an estate plan is important to keeping a fortune in order, especially in the event of an unexpected death. However, accessing a deceased relative’s cryptocurrency is a daunting task and is not as simple as gaining access to your relative’s […]
3 Ways to Protect Your Business Assets
If you own a business, you’re probably very concerned about protecting your assets. Most businesses fail in the first five years. Asset protection is key to ensure that your company lives on for future generations. To keep your business assets and the business itself intact, you have to do three key things. 1. Recognize the Dangers […]
Around the Web: 7 Common Estate Planning Disasters and How to Avoid Them
Keeping your finances in order is essential to managing your possessions in the event of an unplanned emergency. Make sure you protect your assets and your family during a time of crisis with a properly executed estate plan. Here are a few common ways to avoid an estate planning disaster. 1. Plan Ahead for Disability […]
Asset Protection Strategies: Can You Protect a Trust from Creditors?
So you’ve worked all your life to create a legacy. Did you know that all your hard work can disappear? This can happen if you’re sued or upon death, even when you’ve created a trust to shield your assets. Yes, that’s right. Even when you plan ahead your assets could be seized. Trusts can be […]