When you or someone you love is told time is limited, your entire world can turn upside-down. Dealing with practicalities can serve as a recognizable path, giving you grounding during a time when everything feels out of control. Here are some basic arrangements to consider that can help you find direction when facing a terminal…
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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…Trust & Estate Planning FAQs with Tiffany Ballenger Floyd
Q: Isn’t Estate Planning Just for Rich People? A: NO!! Many people have preconceived notions about estate planning and believe that it is only necessary for multi-millionaires who wish to leave large trust funds to their children. However, this is far from the truth; an estate plan can be invaluable tools in the many people’s (not…
Continue reading…Worst-Case Scenario.
In March of 2017, a good friend of mine died tragically in a horrific car accident. She left behind her 9-year old twin daughters. The event had a massive effect on my life for several reasons. I have been fortunate enough to only ever have experienced the loss of my Great Grandparents & Grandparents, which…
Continue reading…What is Your Purpose?
Mortality is a bizarre concept to wrap your mind around. When I was 10 years old, my Grandfather suddenly passed away from a heart attack. I was faced with my first encounter with death. It led me to start addressing questions I had about mortality. At one point, I began to cry as the thought…
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…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…Spring Cleaning: Helpful Tools for Organization
Spring is notorious for being the season that is most associated with new beginnings and clean slates. The term “Spring Cleaning” is historically linked to a deep cleaning of one’s home, inside and out, due to the effects of Winter. Read more about the historical significance of spring cleaning here. However, Spring is also a…
Continue reading…Asset Protection Series: Yet Another Reason why Landlords Need Asset Protection
It’s not just about slip & falls- the Second Circuit Court of Appeals just issued a ruling that says that landlords can be liable for their tenants’ discriminatory conduct. Francis v. Kings Park Manor, Inc., 15-cv-1823 (2d Cir. Mar. 4, 2019). The Plaintiff in the case (an African-American man) was being harassed by a neighbor-tenant…
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…
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