In today’s complex legal environment, it’s important to understand that all lawyers do not specialize (or even practice) in all of the various areas of the law! When it comes to estate planning, it’s important to understand how “specialized” your legal representation is when handling your family + legacy. This week, I break down the (3)…
Continue reading…Category: Asset Protection
NEW SERIES! Are your gifts causing more harm than good? When generosity backfires…
As an estate planner, I deal with lots of generous, kind folks with very big hearts (and sometimes, big wallets to match). That’s not always the case- sometimes clients have a more modest estate that belies their generous spirits. In this series, I’m offering a weekly Q&A to outlines some mistakes I’ve seen my generous clients…
Continue reading…Coronavirus Legal Advice: Get Your Business and Estate in Order Now
By H. Dennis Beaver for Kiplinger Click here to learn more and read more articles from the author. Estate planning attorneys are getting mobbed with questions. So, here is some timely advice from three attorneys on what families and business owners should be doing to prepare in case the unimaginable happens. The stock market has…
Continue reading…Student Loan Debt: The Albatross of the Average College Student
Have you ever heard someone say that the best thing about an education is that nobody can take it away from you? As true as this statement is on its own, it is completely ignoring the fact that the very same irrevocable education can cost hundreds of thousands of dollars – plus interest. As of…
Continue reading…The Three Types of Lawyers to Consider for Your Estate Planning
Contrary to popular belief, all lawyers do not specialize in all areas of law! When it comes to estate planning, it is important to understand how “specialized” your legal representation is when handling your legacy. This week, I have broken down three types of representation common to the estate planning arena. #1 – “Jack of…
Continue reading…Back to School Checklist #2: Get Your Estate Plan in Order
On last week’s blog, I shared some easy, practical tips on how to get organized prior to the upcoming school year (See Part 1 Here). Today, I’ve included some reminders & advice on how to get your estate plan in order, before your schedule fills up and procrastination sets in! Back to School Checklist #2: …
Continue reading…Why I’m Convinced that Estate Planning is a Women’s Issue
Estate planning is important for both sexes, but the pitfalls of failing to plan simply affect women, particularly mothers, much more than men– both in terms of raw numbers (we live longer) and the all-too-common female burden of carrying the entire family’s mental workload. As a group, the facts are: women live longer than men, earn less than…
Continue reading…6 Reasons Why Hiring an Estate Planning Lawyer Beats Doing-It-Yourself
DIY Will?? In the information age, you can pretty much learn how to do just about any household task- watch a video on YouTube to learn how to build a bookshelf, read one of the thousands of DIY blogs to learn how to install a sprinkler set, or refinish a dresser. With the almost unlimited…
Continue reading…FAQs about Protecting Your Ass(ets)
Asset Protection typically refers to the process of legally protecting your property/estate from potential creditors, including lawsuits and divorce actions. Asset protection planning is all about “putting your eggs in different baskets”, so to speak. We often use various methods and strategies, such as insurance, state & federal “freebies” (i.e. Nevada Homestead Exemption), as well as advanced…
Continue reading…Nevada Asset Protection: Does the “Corporate Veil” Really Protect Your Personal Assets?
Most business owners understand the importance of keeping your business separate from your personal estate. You may have done your homework and weighed your options. Perhaps you’ve even considered the tax and non-tax implications for common business entities. We bet you’re also intrigued by the protections certain business entities (such as Nevada LLCs) afford their…
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