Discover why estate planning is essential for lawyers who own a law firm, have a home, and are parents of minor children. This comprehensive post highlights the significance of safeguarding your legacy, protecting your law firm’s continuity, securing your children’s well-being, and minimizing tax burdens through a well-crafted estate plan. Don’t overlook your own needs as a legal professional; prioritize estate planning to achieve peace of mind and ensure your family and clients are protected.
Plan For The Road Ahead
Month: July 2023
Estate Planning Guide for Seniors: Navigating Life Changes and Loss
In this article, we guide senior men and women with practical advice to navigate life changes, protect assets, and secure lasting legacies for peace of mind.
Protecting Your Children’s Inheritance: Establishing Trusts and Guardianship
Estate planning and legal matters can be complex, and everyone’s lives and situations are different. It’s essential to consult with an experienced estate planning attorney to ensure your wishes are properly documented and legally binding. This article will provide an overview of trusts and guardianship to help you understand their importance and how they work.
Millennials, It’s Time to Create Your Estate Plan
When you’re young, it’s pretty easy to feel invincible or feel that the accidents that happen to other people will never happen to you. But, life is unpredictable, and young people often skip estate planning. This post aims to help explain why young people should consider creating an estate plan.
The Importance of Estate Planning: Protecting Your Legacy and Loved Ones
Estate planning enables you to protect your assets, provide for your loved ones, minimize taxes and expenses, and establish a legacy that reflects your values and intentions. By engaging in estate planning, you take control of your future and ensure that your hard-earned assets are distributed according to your wishes.
Does your LLC Need an Operating Agreement?
This article highlights how LLC operating agreements play a crucial role in protecting the limited liability status of the company, safeguarding the personal assets of its members from business liabilities and debts.
Updating Your Estate Plan: When and Why It’s Necessary
Estate planning, it’s a one and done thing, right? Well, actually, the answer to that question is no. Estate planning is not always everyone’s favorite subject, and thinking about plans after your passing can be hard. However, it’s important to know that your estate...
Estate Planning for Small Business Owners: Protecting Your Business and Family
In the current climate, it is becoming increasingly difficult to maintain and protect small businesses. One way you can ensure your businesses’ safety and financial security is through estate planning. While the success of your business is undoubtedly a priority,...
Powers of Attorney in Estate Planning: Everything you Need to Know
The concept of “Power of Attorney” can be misleading. Contrary to popular belief, it doesn’t require an attorney to possess the power to act on your behalf. Instead, Power of Attorney (POA) is a legal arrangement that allows you to grant authority to someone else to manage your affairs in case you become incapacitated. In this article, we’ll explore the significance of POA in estate planning and discuss the three main types of POAs you should consider delegating as part of your comprehensive estate plan.
Five Steps for Protecting Digital Assets in Your Estate Plan
In the era of all-encompassing apps, it’s essential to consider what happens to our digital footprint once we’re no longer here. From social media accounts to digital assets like cryptocurrencies, our online presence continues even after we pass away. To safeguard your digital legacy, it’s crucial to take proactive steps and develop an estate plan that includes your digital assets. In this article, we will explore five practical tips to protect your digital assets and ensure your online presence is handled according to your wishes.