If you are a restaurateur, you have crucial demands on your time, but you should still find the time to create an estate and business succession plan. If you become ill or suddenly pass away, who will run the business in your stead? Is there someone else who is authorized to make payroll, pay your bills, […]
Advanced healthcare directives are increasingly relevant today as we see young, healthy individuals fighting for their lives against COVID-19. Yet, Asha Shajahan, a doctor working on the frontlines in Detroit against COVID-19, said in this HuffPost article that is rare for individuals to have these documents. In fact, she found that only one in 55 of […]
An obituary can be much more than just a dry announcement of the time and location of your funeral or memorial service. It can be a way to share your life story, communicating information about significant events and people, as well as important values you would like to impart to others. You do not need to […]
Change is inevitable. What happens when circumstances change and you have an irrevocable trust? Usually you have to resort to going to court to have a judge modify the irrevocable trust. However, if the trust includes a trust protector clause, the Trust Protector may be able to modify the trust without resorting to an expensive and […]
Leaving Behind a Legacy: The Loss of Kobe Bryant On Sunday, January 26, 2020, the world was left mourning the unexpected deaths of Kobe Bryant and his 13-year-old daughter, Gianna, after they were announced to be among the 9 fatalities of a helicopter crash in Calabasas, California. Bryant is highly regarded as one of the greatest […]
As a result of the recent COVID-19 pandemic, interest rates have continued to fall. This low interest rate environment can be leveraged by individuals to shift their wealth amongst beneficiaries and minimize tax hits on assets. Three estate planning techniques that can be particularly effective to reduce estate tax liability in a low interest rate environment […]
For most of us, every penny counts, so it is almost inconceivable that we could have lost track of any money or property. Regardless of how careful we are with our finances, it is possible for utility deposits, credit balances, unused gift certificates, banks accounts, and many other types of property or money to accidentally be […]
COVID-19, often referred to as coronavirus, has been all over the news—and with good reason. As of April 13, 2020, there were over 570,000 cases of COVID-19 in the United States, and more than 23,000 deaths, according to Wikepedia. We should all care for our neighbors, our communities, and ourselves by staying home, washing our hands […]
