Dear Clients & Friends, We write to you today to update you with Phillip Ballenger’s action plan in light of the escalating spread of the novel Coronavirus. This situation is new & unique to all of us – our core values have guided us to the following decisions regarding how Phillips Ballenger will operate for…
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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…Procrastination & ALL of my LISTS…
Procrastination-Station. If you have ever taken a standard personality test and your results came back showing a high “I”, chances are that this article is for you. If you have no idea what I am referring to but feel a tinge of guilt at the mere mention of ‘procrastination’ then this article is also for…
Continue reading…Back to School Checklist #1: Easy Tips to Get Your Life Together!
It’s hard to believe that the start of the school year is right around the corner (especially as it’s approx. 112 degrees right now in Las Vegas!). On this weeks’ blog, I’m sharing some practical back to school tips (Part 1) before school is back in session! Back to School Checklist #1: Easy Tips…
Continue reading…Wealth. What does it mean to you?
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…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…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…Back-to-School Checklist: A Reminder to Reassess your Financial Planning (Part 1)
The ever-present rush of a new school year is upon us. For many families, this is the last week of summer. This is a great time to assess your current financial situation, long-term, and short-term goals. This week, we are discussing topics that are likely addressed at some point but may not be considered until…
Continue reading…Avoiding Entrepreneurial Burnout
Entrepreneurs typically embody ambition, drive, and passion. However, entrepreneurs often burn out quickly. Why does this happen? In short, they give too much of themselves to their venture; if it fails or if they face road-blocks, it may be difficult (mentally and/or financially) for them to keep going. Maintaining high levels of enthusiasm is hard…
Continue reading…The Proposed GOP Tax Overhaul: A Summary of its Key Points for Nevada Families & Businesses (Part 2)
Part 2: Corporate/Business Taxes, Estate Tax, & Miscellany Corporate Taxes: Big Corporations would likely see a substantial tax reduction: one of the bill’s biggest aspects, and perhaps the most controversial, is the permanent reduction of the corporate tax rate from 35% to 20%- the largest one-time drop in big-business tax rate in history. Although the…
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