Estate Planning
Estate Planning and Accumulating Wealth
Many people believe they must accumulate wealth before they begin an estate plan. This is simply not true. The most important part of the estate planning process is providing powers of attorney which become active when you become inactive. Passing wealth is the next part of estate planning. The final part of the estate planning…
Read MoreWhat is Asset Protection and Why do I Need It?
Why asset protection? An asset is a very broad definition for anything you own that might have value. This includes money, homes and businesses to your own body. The videos linked below will teach you the importance of protecting your assets and your family from the monetary problems that can arise after your death. What…
Read MoreWhat do Business Entities Have to do With Estate Planning?
The Business of Estate Planning People who own business entities, like Corporations, LLC’s and Limited Partnerships NEED Estate Planning. Often estate plans are set up completely detached from business entities. When business entities are not integrated into the estate plan, it can cause problems with family members, partners, business operations, and the ultimate value of…
Read MoreDo It Yourself Estate Planning vs. Hiring a Lawyer
Do it Yourself Estate Planning Sometimes, planning your estate on your own is the best option. If you are young and just starting out in the world with a few assets and more time than money to invest in protecting them, a DIY Estate Plan is a good idea. It will teach you about the…
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