Wealth to me is not about money. I gauge my wealth on the relationships I have, the quality of time I am able to enjoy with my family, the level of joy and happiness I feel when I am able to provide experiences and special moments with my children. Yes, money does afford me the…
Continue reading…Category: Nevada
Why Your Family’s Money Belongs In Nevada — No Matter Where You Live
April 2, 2019 By Michele Lerner, for Forbes/ Whittier Trust, Brandvoice Link to Original Article Nevada may be known for its casinos and high-stakes poker games, but high-net-worth families will find it no gamble to keep their money there. “Nevada is one of the most trust-friendly states — and a great alternative to placing your money…
Continue reading…Should I Do My Estate Planning Online???
Today’s technology allows us to access a gamut of information from the comfort of our homes or by simply pressing a quick button from our smartphones. We can even do our shopping by simply asking our “virtual assistants”, like Amazon’s Alexa or Google Play, to place an order. However, this quick and easy access to…
Continue reading…3 Steps to Prepare your Children for an Inheritance
How do you prepare your children to receive their inheritance? Your children receive their inheritance according to the directions you provide in your trust document. What if your children are not fiscally prepared to manage their inheritance? Talking to your children about your plan to include them in your in regard to their inheritance is…
Continue reading…The Thanksgiving Table Is The Perfect Forum To Discuss Estate Planning
In addition to expressing thanks for all that you have in this world, take the opportunity, while your loved ones are relegated to one table, to discuss, or at least investigate, the following topics that will surely give them pumpkin to talk about. Power of Attorney: Easy as pie to execute, a Power of…
Continue reading…Places That Will Take Care of Your Pet If Something Happens to You
Here’s how to make sure your pet never becomes an orphan. It’s currently estimated that only 9% of people with Wills include provisions for their cats, dogs, or exotic birds. And unless you already have a sibling or friend who’s explicitly pledged to look after Pawudrey Hepburn, that could leave your pet in limbo if something serious…
Continue reading…How to Find the Right Legacy Planning Attorney for You.
Legacy planning is much more than a configured documentation of your assets. It is both a personal and procedural preparation of your life requiring additional foresight and planning for beyond. Developing a solid estate plan requires a culmination of knowledge based on law, accounting, and a level of customization that only a good estate planning…
Continue reading…What Is Probate?
At Phillips Ballenger, we believe that proper estate planning is essential in avoiding probate. Probate, a process regulated by statutory guidelines and applied through the courts, is triggered when an individual dies without a trust. This process, like other forms of litigation, can be long, arduous, and sadly, adversarial. This week, we give you an introduction…
Continue reading…Back-to-School Checklist: A Reminder to Reassess your Financial Planning (Part 2)
For many families, this week marks the beginning of a new school year. This week, we continue with the academic theme, and give you Part 2 of the Back-to-School Checklist. In this final segment, we are discussing the importance of updating your trust documents and planning for the holidays. Update Your Trust Documents Established revocable…
Continue reading…The Tough Stuff: Talking with Your Loved One About End-of-Life Arrangements
Guest Blog by Beverly Nelson, StandUpForCaregivers.org Create an Estate Plan Your loved one might already have an estate plan in place, but if it’s been some time since it was revisited or revised, encourage them to take a look to see if anything needs to be added or changed. Their will should designate who…
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