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Articles

Is a Revocable Living Trust the Best Way to Provide Asset Protection?

No Comments Advanced Planning

Although a revocable living trust is one of the most commonly recommended by an attorney when you are crafting your will or taking other estate planning steps, you need to carefully consider the own circumstances of your estate to determine whether it’s truly the best fit for you. The primary purpose of a revocable living […]

The Benefits of Asset Protection Planning in Nevada

No Comments News & Updates

When a liability issue arises, action is often too late even if it’s well-meaning. Early formation of an LLC or an asset protection trust in Nevada can be protective and can serve as a hindrance to creditors. Only an experienced asset protection planning attorney should help you put together an LLC or other structure out […]

Tips for Business Succession Planning: Is Selling the Business Always the Better Choice?

No Comments News & Updates

When confronted with what to do for business succession planning, a business owner might consider multiple options including passing the business on to other family members, selling the business to stakeholders currently working in the business or even selling the business to an outside individual. Scenarios such as sudden disability or death of a business […]

What Role Does Ageism Play For Elders?

No Comments News & Updates

First defined in 1968, ageism refers to the systematic stereotyping of and discrimination against individuals as a result of their age. Social scientists argue that we first look at new people through the prisms of gender, race and age. While gender and race are politically sensitive, perception of age will often serve to present as […]

Risks and Opportunities Associated With Estate Planning Linked to Europe

No Comments News & Updates

Recently European succession regulation went into effect for all members of the European Union except Denmark, the United Kingdom and Ireland. One important regulation for those considering estate planning abroad is that a person’s habitual residence at the time of their death determines the law which applies to estate determinations. In essence, this means that US […]

What a Second Marriage Means for Estate Planning

No Comments News & Updates

A second marriage can raise many questions about who gets what, whether these people should get property, and will feelings be hurt? Each spouse should allot 30 minutes to spend time listing assets and discussing the potential future of these assets. Each member of the couple should also consider carefully what happens if the other […]

Tips for Saving on Estate Planning Costs

No Comments News & Updates

Knowing what you need is simply the first step in estate planning. Most people will use a power of attorney, a will and a healthcare directive but more advanced planning could use trusts. When learning more about putting together a trust with your estate planning attorney, ask about the cost for this upfront.  If the […]

Is Business Succession Planning a Question of Fairness?

No Comments News & Updates

It’s very likely that a business could turn out to be the largest asset held within a family. But fairness of how to deal with this in terms of succession planning can arise as an issue if all family members are not involved in the conversation in one way or another. Especially in the event […]

Estate Planning: Preventing the Money Split

No Comments News & Updates

Keeping a family together requires talking and planning, and this is also essential when putting together your goals for your estate. In this process you should be focused on the people involved rather than simply the tax and investment considerations. Be aware of some key concerns when thinking about planning for your own family’s future […]

Business Succession: Tying a Plan to Your Vision

No Comments Business Planning

Setting a course for the future of your business involves looking well into the future. Difficulties can often act to narrow and constrict your long-term plans, and focus can easily turn to quarterly results and reactions if you are not careful.  When thinking about the future of your business, you need to take time to […]

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