By Michelle Ullman, Investopedia Somewhere between a corporation and a partnership lies the limited liability company (LLC). This hybrid legal entity is beneficial for small-business owners and is also a powerful tool for estate planning. If you want to transfer assets to your children, grandchildre...
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By Donna Fuscaldo, Investopedia It seems like many people devote more time to planning a vacation, choosing a car to buy, or even selecting a spot to eat dinner than they do to estate planning—deciding who will inherit their assets after they’re gone. It may not be as fun to think about as booking a...
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We have to protect our assets to create and maintain generational wealth. Attorney Brian Figeroux explains the importance. Legal Help Get a FREE, no-obligation consultation here. Ask the Lawyer. Call 855-768-8845 or visit www.askthelawyer.us
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If you add up the value of everything you own and subtract the value of everything you owe, that’s called your net worth. When you pass, it’s called your estate. While you’re still alive, you have the opportunity to designate how to divide your estate among your family and friends ...
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If you are like many individuals in the early years of your adult life, you very well may have given little to no thought to the matter of estate planning. If you’ve started a family, the time definitely has arrived for you to begin the process of estate planning. This is the case if you’...
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According to Dr. Joseph Lapado, “90% of deaths from Covid-19 are among those over 55…death rate would be expected to plummet if the older and vulnerable were protected effectively (by getting vaccinated) …”. This issue formed the basis for the conversation between selected New York City ...
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Estate planning is a necessity, not a luxury. It involves a process that will decide what happens to your lifetime assets. When selecting an estate attorney, you want someone who is knowledgeable and experienced. Remember, estate planning ensures that your assets go to the desired recipients in the ...
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While it’s not easy to think about, estate planning to provide for your children in case of an untimely death is vital. The consideration of who will raise them is only one factor to consider. You should also delegate what happens with any money or property you leave behind and who will manage the i...
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Making estate or end-of-life planning is likely the last thing on your mind after beginning life as a married couple. However, with the new unity, the responsibility of protecting your spouse in case of an untimely death is critical. Experts say that thinking about estate planning early in the marri...
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Unscrupulous actors sometimes try to entice unaware victims into financially crippling scams. One of the most common types of scam deals relates to living trusts. Fortunately, by doing your research and ensuring you are entering a valuable contract, most scams are easy to see through and avoid. A l...
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