Around the Web: Turn Your Estate Plan into a Legacy
So, you’ve established an estate plan. You may think you’re all set – that you have everything settled and prepared and you don’t have to worry about it anymore – but you would be wrong. According to this article by Forbes, a recent study shows that traditional estate planning will result in a 70% chance […]
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 […]
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 […]
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 […]
Around The Web: Thinking the unthinkable: Businesses require estate planning
Estate planning is not just for older people or people who have already retired. Once someone owns a business, it is crucial to start creating an estate plan. The reason for this is to make sure that in the event of incapacity or death, your loved ones and your business are safe and secure. As […]
Everything You Need to Know About Estate Planning for Special Needs Children
Everything You Need to Know About Estate Planning for Special Needs Children Estate planning is an important step every family must take. Unfortunately, 64% of Americans have not made a will. If you’re one of them, you need to think about estate planning and get started on your plan now. This is especially true if you have […]