Whether you are a physician or not, you probably know that the practice of medicine is a profession fraught with liability – but it seems even the act of walking out your front door has substantial risk these days. Seriously, the normal person has many of the same risks as a physician! Continue reading
Month: June 2015
Where Is The Best Place To Store Original Estate Planning Documents?
Estate planning attorneys are often asked where original estate planning documents – wills, trusts, powers of attorney, and healthcare directives – should be stored for safekeeping. While there is no right or wrong answer to this question, consider the following:
1. Should you store Continue reading
Free Lunch — Meet Your New Estate Planning Attorney.
I would like to meet with financial advisors, CPAs, or EAs who need to find an exceptional attorney to refer their clients to — an experienced estate planning attorney who will treat the client like royalty and will expertly inform them of all of their options in a way in which they Continue reading
Four Steps to Stop Mail Addressed to a Deceased Person
One of the first things you should do as a newly appointed executor of a deceased person’s probate estate or successor trustee of a deceased trustmaker’s trust is ask the post office to forward the deceased person’s mail to your address. Unfortunately, along with important pieces Continue reading
Did Last Year’s U.S. Supreme Court Decision Put Your IRA At Risk? What’s The Solution?
In a landmark, unanimous decision handed down on June 12, 2014, the United States Supreme Court’s Clark v. Rameker decision held that inherited IRAs (IRAs which are inherited by your children) are not classified as “retirement funds” and can be reached by the creditors of your children Continue reading
Is A Revocable Living Trust Estate Plan Right For You Or Your Client?
Revocable Living Trusts have become the basic building block of estate plans for people of all ages, personal backgrounds, and financial situations. A Revocable Living Trust plan is uniquely suited to make sure that while you are living your assets are properly managed and, after Continue reading
When A Loved One Dies What Documents Do I Need?
After a loved one dies, you need to gather the important documents that are necessary to settle their final affairs. While the documents required will vary depending on what your loved one owned and owed, below is a list of common documents you will need to find:
o Account statements Continue reading
The Shocking Truth About Asset Protection Planning
Some view asset protection planning with a skeptical eye. They believe there is a moral obligation to pay one’s debts. They think that asset protection planning is immoral because it prevents a creditor from collecting on a judgment entered by a court. The truth is the U.S. justice Continue reading