A Senior’s Guide to Investing and Protecting Your Assets For most seniors, two financial concerns stand above all others: the fear of outliving their money and the fear of being unprepared for a long-term care crisis. Navigating retirement requires a shift in financial strategy, focusing on protecting what you have built. Two areas that require […]
The Secret to Asset Protection: Why How You Title Your Property Matters You can have the most thoughtfully drafted will or trust, but if your assets are not titled correctly, your entire plan can fall apart. How you own your property—the legal title on your home, car, and bank accounts—is the foundation of your asset […]
Top 5 Asset Protection Myths That Can Cost Your Family a Fortune When it comes to planning for long-term care, misinformation is rampant. Families often come to our office with a set of beliefs about Medicaid and other benefits that, if acted upon, can have disastrous consequences. Below, we debunk five of the most common […]
Tax-Smart Strategies for Your Estate and Retirement in the New Year As the new year approaches, it’s the perfect time to get your financial affairs in order. For seniors, this means looking beyond simple budgeting and focusing on proactive tax planning. A smart strategy can save your family tens of thousands of dollars, particularly when […]
It’s Never Too Late: Getting Your Long-Term Care Plan Right Many families procrastinate when it comes to long-term care planning, often waiting until a crisis hits to take action. Others may have tried to plan ahead using online forms or a general practice attorney, only to find that their documents are insufficient when they are […]
A Proactive Resolution for Your Family’s Future Each new year often begins with resolutions for self-improvement. While goals for health and fitness are important, one of the most impactful resolutions you can make is to take a proactive approach to your asset protection. Taking a few simple steps now can make things significantly easier for […]
The Longevity Challenge: Rethinking Retirement for a Longer Life Thanks to advances in medicine and technology, people are living longer than ever before. While a long life is a wonderful gift, it presents a significant financial challenge that is changing the very nature of retirement and asset protection planning. The justifiable fear for many seniors […]
Building a Strong Foundation for Your Family’s Future Asset protection and estate planning are like building a house: you must start with a strong foundation for it to withstand the test of time. A plan built on a weak or fragmented foundation will eventually collapse. The biggest trap families fall into is creating a plan […]
The True Cost of “Lawyer in a Box”: Why DIY Estate Planning is So Risky In a world filled with DIY solutions, legal websites and software products promising a quick and inexpensive will or trust can seem like a smart choice. While these services may be better than having no plan at all, they often […]
What is a Trust? A Plain-English Explanation In the world of elder law and asset protection, a trust is one of the most powerful and flexible tools available. While the concept can seem intimidating, a trust is simply a private legal contract that allows you to control your property, both during your lifetime and after […]
If you own a corporation or LLC, Google “Corporate Transparency Act” and file your report before the end of the year. Don’t be fined $500.00 per day for failing to file.