Category: Cost of Poor Planning

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 Ahead Equals No Regrets

By Joshua on Aug 15, 2011 in Aging Parents, Asset Protection, Cost of Poor Planning, Disability, Long Term Care Risks, Nursing Home, Parents, Power of Attorney, Wills and Trusts

3 real life stories from Joshua’s recent experiences: The Medicaid Crisis Success Story, The Medicaid Crisis Failure and the Pre-planning Success Story.

Getting Started With Funeral and Burial Wishes

By David Edwards on Jul 11, 2011 in Cost of Poor Planning, Death of a Loved One, Wills and Trusts

“They saved on taxes and avoided probate, but after the funeral, the kids never talked again.” Not a very successful plan then, was it? Even if you save taxes, avoid probate court and leave plenty of money for your family — what’s the point of a plan if the family ends up being broken apart? [...]

Estate Planning is Like… Your Favorite Board Game

By David Edwards on Oct 17, 2010 in Cost of Poor Planning, Death of a Loved One, Parents, Wills and Trusts

Board games are a free, fun way to hang out with family and friends. With the challenging economic times, more families are playing games. And guess what? Estate planning can be like a game! Which kind of game depends on you… Bridge Seems like a game for older people. Some people feel the same way [...]

Losing a Loved One: Why hire an attorney? 5 reasons

By David Edwards on Jul 29, 2010 in Cost of Poor Planning, Death of a Loved One, Do you need a lawyer?, Probate

After losing a loved one, sometimes the question is, “Do I need to hire an attorney?” But maybe a better question to ask is, “Should I?” How would you benefit, as an executor or trustee, by hiring an attorney? How would your family benefit? Here are some reasons to hire an attorney to assist with [...]

What is probate and why do people want to avoid it?

By David Edwards on Mar 08, 2010 in Cost of Poor Planning, Death of a Loved One, Probate, What a Will Does, Wills and Trusts

You may have heard people discuss probate and how horrible it is. But what in the world is probate? And why do people want to avoid it?