Posts Tagged ‘Estate Planning’
Revocable Trust Comparison: Simple vs. Dynasty
Trust Comparison The Estate Planning Group of Durfee Law Group offers two levels of Revocable Living Trusts: Simple and Dynasty. This Chart provides a way to make a meaningful Trust Comparison between Simple vs. Dynasty. The Simple Revocable Trust is a smaller lower cost alternative that may be appropriate for very simple and small estates. …
Read MoreInitiative Sucker
The Initiative Sucker Inherits In 2014, Anderson Cooper told Howard Stern the following: “I don’t believe in inherited money . . . I think it’s an initiative sucker. I think it’s a curse. Who’s inherited a lot of money that has gone on to do things in their life? From the time I was growing…
Read MoreBuy Sell Agreement
Buy Sell Agreements A Buy Sell Agreement is part of a succession plan to decide in advance what will happen with a business when certain events occur. Such planning is crucial for any business with multiple owners. It is important both when the owners are related to each other and when they are NOT related to…
Read MoreAvoiding the Nursing Home Cost Crisis
Medicaid Spend Down Many of our clients are concerned about avoiding the nursing home cost crisis. What is the crisis? The cost of long term medical care has the potential to consume your entire estate. This is the nursing home cost crisis. It could be called the Medicaid Spend Down dilemma. Going into a nursing…
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