Category: Parents

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 [...]

Ask the Attorneys: Life Insurance (pt. 2)

By Joshua on Aug 26, 2011 in Disability, Parents, Special Needs

“Is it possible to purchase life insurance for a disabled person? I tried to purchase life insurance for my disabled son and he was turned down.” – Jan L. Yes, it is possible to get life insurance for a disabled person. However, as with all life insurance, the insured must go through the underwriting process [...]

Ask the Attorneys: Life Insurance (part 1)

By David Edwards on Aug 23, 2011 in Asset Protection, Kids' Inheritance, Parents

“Is estate planning the same as having life insurance?” — Julie H They’re not the same thing, but effective estate planning might include life insurance. Good estate planning uses certain legal strategies (wills, trusts, power of attorneys, etc.) coupled with the use of financial tools. These tools might include things like life insurance, long term [...]

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.