Category: Marriage & Remarriage

The Unique Planning Needs of Women

By David Edwards on Oct 26, 2011 in Asset Protection, College Financial Aid, Cost of Poor Planning, Death of a Loved One, Divorce Risks, For Your Kids, Grandchildren, Marriage & Remarriage, Parents, Wills and Trusts

Women today have many unique situations that require special treatment when it comes to estate planning. Well, maybe not special treatment, but women need to take extra care that they are protected through good planning. Here are some examples: Young mom stays home with the kids Maybe she gave up a wonderful career to be [...]

Planning with Life Insurance

By David Edwards on Dec 21, 2010 in Asset Protection, Business or Farm, Divorce Risks, Estate Tax, For Your Business, For Your Kids, Kids' Inheritance, Marriage & Remarriage, Tax, Wills and Trusts

We often use life insurance as a tool in helping clients. Life insurance is important in many estate-planning situations, such as the following: A young family. To help raise the kids and get them through college if a parent dies young. Business owners. A buy-sell agreement between partners in a business is important. But the [...]

Pre-nups, Not Just for Divorces Anymore

By David Edwards on Dec 14, 2010 in Asset Protection, Asset Protection Trusts, Divorce Risks, For Your Kids, Funding and Asset Titling, Kids' Inheritance, Marriage & Remarriage, Parents

What does a pre-nup have to do with estate planning? Let me tell you. A pre-nuptial, or pre-marital agreement, outlines how a married couple will handle their assets. It covers more than what happens in a divorce. If we assume the couple will be happily married forever, here are still at least 2 situations that may need planning ahead: [...]

Your Bucket List for Estate Planning: Why a Trust Might Be Right for You

By David Edwards on Nov 09, 2010 in Aging Parents, Asset Protection, Business or Farm, Disability, Divorce Risks, Estate Tax, Family Farm, For Your Business, For Your Kids, Grandchildren, Kids' Inheritance, Lawsuits and Creditor Risks, Marriage & Remarriage, Nursing Home, Parents, Tax, Wills and Trusts

A recent movie with Morgan Freeman and Jack Nicholson inspired a lot of people to think about their bucket list – the things they would like to do before they die. While a trip around the world in a sailboat may seem a lot more exciting and glamorous than estate planning, thinking about what you [...]

Protecting Your Family Like an NFL Lineman

By David Edwards on Apr 20, 2009 in Asset Protection, Asset Protection Trusts, For Your Kids, Kids' Inheritance, Lawsuits and Creditor Risks, Marriage & Remarriage, Parents

The other day I had a chance to speak at the Rotary Club. My topic, like the article “How (and Why) Athletes Go Broke” in the latest issue of Sports Illustrated, was about protecting the money you’ve worked so hard for. There are many ways your spouse, children or grandchildren could end up losing what [...]