Estate Planning?
5 Most Common Mistakes with Asset Protection You’re Probably Making
Protecting your assets is one of the most important things a real estate investor can do. And ready-made options don’t work. Asset protection really does keep you and your investments safe, so you can’t ignore the threat. Mistake #1: Not Understanding the Choice of Entities. There are many possible methods of owning real estate, including…
Read More4 Levels Of Asset Protection For Real Estate Investors
Below, we take a look at the best ways to protect yourself and your real estate assets from court rulings and expensive judgments. Real Estate Liability When it comes to investing in real estate, your liability can land you in court. Regardless of the root cause, if you are found to be liable for damages…
Read MoreWhat Parents Of Children With Disabilities Should Know
Some major things to know when estate planning with a disabled child… Do you have a will or living trust? Have you selected a guardian for your minor children? For most Americans the answer to these important questions is “no.” Yet, of all of the reasons why you should have an appropriate estate plan, none…
Read More7 Key Things When Making A Plan For A Child With Disabilities
Planning ahead seems daunting – but if you take it step by step, it is really not so bad! Step 1 – Future Planning For Your Child: How do you want to provide for your child with disabilities if you die or are too ill to provide the care? You can’t make any plans if…
Read MoreWhy DIY Estate Planning Could Cost You And Your Heirs Thousands…
You should not sacrifice great planning for a supposed money-saving deal which likely won’t work and will cost you or your heirs thousands. Six Reasons Not To Do Your Planning On A Budget: You can make serious errors that will cause your estate plan not to work; You may not have a plan in place…
Read MoreLeave Assets To A Second Spouse When You Have Children From A Prior Marriage The Right Way
How do you ensure that both your new spouse and your children from your first marriage receive an inheritance? In this day and age, it is not uncommon to remarry after a divorce or the death of a spouse. Often in these remarriages, one or both spouses have children from a prior marriage. These blended…
Read More5 Things You May Not Have Considered Estate Planning When Remarried
In second marriages the complications and challenges created by blended families multiply. Getting married for a second time is fairly common. But the financial and estate planning issues that result from remarriage can be anything but. In second marriages the complications and challenges created by blended families multiply. Here are a few of the financial,…
Read More3 Ways To Estate Plan When Remarried
If you follow some simple steps, you can come up with a plan that meets everyone’s needs. Method 1 – Determining Your Goals And Priorities 1. Get tax savings. Good estate planning requires you to have a specific goal in mind and have ordered priorities. This will help you develop the best plan for your…
Read More13 Misconceptions About Nursing Homes And Your Assets
Knowing the truth about the following misconceptions could be highly beneficial and educating on your or your family member’s situation… Misconception No. 1: “If I Put My Assets In Joint Names With My Children, The Assets Will Be Exempt For Nursing Home Purposes.” The Truth: You are considered the owner of any assets that you…
Read More6 Steps To Protecting Your Assets From Nursing Home Care Costs
This is a must read if you or a loved one is worried about nursing home care costs and the government… STEP 1: Give Monetary Gifts To Your Loved Ones Before You Get Sick Of course, there’s no way to know with certainty if or when you will need nursing home care, but giving gifts…
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