How much stuff is too much? Most Americans would probably admit that they own too many things. From clothes to electronics to sports equipment to collectibles, the typical US house is stuffed to the brim with items of questionable utility. On occasion, we may commit to decluttering, only to get overwhelmed or distracted. Meanwhile, the stuff keeps […]
Most people usually think about who will receive their retirement and bank accounts, life insurance proceeds, real estate, and other valuable possessions upon their death. However, a person’s personal property (their stuff) can also be a source of value that needs to be addressed. When looking to start or continue your estate planning journey, ask yourself […]
It’s easy to feel overwhelmed by legal lingo when it comes to creating an estate plan. There are many legal strategies involved in estate planning, including wills, revocable living trusts, irrevocable living trusts, testamentary trusts, special needs trusts, and more. But what even is a trust – and what is the difference between a trust and […]
After a house, a car is often the second-most valuable piece of property a person owns. About 15–20 percent of new vehicles are leased rather than purchased and financed. Leasing is a popular alternative to traditional financing because it can allow the lessee (the person who leases a vehicle) to drive a more expensive car on a […]
When life circumstances change, you may want to alter the decisions made in your estate planning documents. You might even choose to revoke your will at some point. But what if you have a change of heart and want to reinstate it? There are different ways to revive a revoked will. Reviving Your Old Will Depending […]
As a business executive, you are used to strategizing and creating goals as part of your job. But have you devoted time to strategizing and creating goals for not only asset protection, but also to protect yourself and your loved ones? If not, we are here to help you address some of the goals business executives […]
People often engage in transactions that result in money being owed to them, such as loaning money to a friend or business partner or renting a house to a tenant. But what happens if someone passes away before they receive the money owed to them? Can someone else collect these debts? If your loved one has […]
Unfortunately, rifts sometimes arise between family members that are much more serious than just temporary squabbles. The result may be estrangement, defined as “the state of being alienated or separated in feeling or affection; a state of hostility or unfriendliness” or “the state of being separated or removed.”[1] Estrangement does not mean that the relationship has […]
