Category: For Your Kids

What can Hollywood teach us about estate and trusts?

By David Edwards on Dec 06, 2011 in Asset Protection, Business or Farm, Churches and Ministries, Family Farm, For Your Business, For Your Kids, Grandchildren, Kids' Inheritance, Non-Profits, Parents, Wills and Trusts

My excitement about estate planning is typically only shared by other attorneys or advisors, but it seems that Hollywood is catching on to how interesting estate planning can really be. The Descendants This new movie, starring George Clooney, tells the story of a long-standing family land trust in Hawaii. It looks really interesting and [...]

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 [...]

Start Protecting Your Kids Now

By David Edwards on Oct 17, 2011 in Asset Protection, For Your Kids, Name Guardians, Parents, Wills and Trusts

“I know we need to do a will or trust, and name guardians for our children, but the potential cost is a real concern.” — Jennifer P. People often ask us how much it will cost to do a plan. While we realize this is the number one concern for young families, we can’t really [...]

Flying to The Netherlands

By Joshua on Apr 20, 2011 in Do you need a lawyer?, For Your Kids, Parents, Wills and Trusts

For 10 days my family and I recently took a vacation to the Netherlands to visit my wife’s relatives (from a previous post you may recall that she is Dutch). We had some apprehension about flying 8 hours with our three children, ages 7, 4 and 2! Despite our fears, the flights were uneventful. We even got [...]

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: [...]