Estate Planning for Hyper Inflation
Hyper Inflation Planning for inflation is challenging. Inflation is a tricky monster. It creates the illusion of an increase in value. When prices go up, things are worth more. Right? Wrong! With inflation, prices go up, but value remains the same. In reality, inflationary price increases mean the currency is worth less. Inflation means that…
Read MoreCharitable LLC Scam vs. Reality
The “Charitable LLC” It’s no surprise that people hate paying taxes. Sometimes they hate it so much, that they will do anything to avoid paying them, including things they shouldn’t. One such strategy that we recommend you stay away from is the so-called “Charitable LLC”. What is promoted as a “Charitable LLC” may be structured…
Read MoreBE SURE TO FUND YOUR TRUST!
Probate Probate may be defined as the judicial process of administering your estate. Depending on the State, probate occurs when you pass away with or without a will. This is often an expensive and time consuming endeavor that can take several months. Naturally, people try to avoid this process by establishing a trust. While a…
Read MoreWhat Is a Miller Trust?
What is a Miller Trust? A Miller Trust is an estate planning tool some people use when they don’t meet the criteria for Medicaid (ALTCS in AZ). It is used when their income exceeds the ALTCS income requirements, but don’t make enough to cover their medical needs. With a Miller Trust, a person assigns their…
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