According to PEW research, in 2012 the number of unmarried individuals aged 25 or polder had reached 20% of the population. This is a significant increase of 9% since 1960. Although the majority of individuals think that estate planning follows after marriage, if you’re not married the concern can actually be even greater. There is […]

The incident and attendant health crisis of Lamar Odom are a sobering teaching point. Life changes and disability or death can be sudden and they should be planned for. In the California legal system, this meant that legally, a marriage was intact. The absence of a healthcare proxy, living will or power of attorney placed […]

As baby boomers age into their 60s and 70s, more of them are preparing to leave their businesses behind. In order to do this, baby boomers have to recognize that a lead time of at least 3-5 years is actually their best friend in the planning process. This allows you time to carefully consider all […]

Much like offshore assets, the Caribbean reef squid is a master of disguise. Its skin composition allow it to blend into surroundings and in a sense to disappear. Assets should behave not as the tall reed in the ocean that attracts attention but instead rather be left to mature and grow sturdy. This should be your […]

  Although the needs of a single individual could be different, the importance of conducting planning in this situation is just as important. A will or a trust ensures that the state does not have to make determinations about a person’s property after he/she has passed away. This instead empowers a trust administrator to change […]

While techniques and strategies abound for estate planning, motivation to act in this manner is harder to trigger. Many people fear volatility and uncertainty leading them to become decisive. Many others are put off still by a perception that they do not need estate planning, meaning that they skip out on the process altogether. Solutions […]

When a Medicaid applicant has been approved and placed in a nursing facility, the community spouse’s income may not figure into determining eligibility for that nursing care. But it is still important to understand the minimum monthly maintenance needs allowance. This can work the family funds in the opposite direction as the Medicaid agency will look […]

A person given a one-third chance of survival in life is alerted to this fact. But in many cases a person whose business faces the same chances will prefer to deal with the matter later on down the road. The key in this situation is a balance between business Goals and family relationships as well […]

Although there’s plenty of talk about how you should prepare your assets for your death, it’s also beneficial to think about handling your debts. If you have a will, the assets in your esatte will be handed over to the state for determining your next of kin. A living will gives you the opportunity to […]

In the process of putting together a risk management plan, your attorney or other advisor might suggest using a captive insurance company for your business. Knowing what this is and how it can benefit you is a good place to start if you’re not familiar with this concept.  A captive insurance company refers to a […]