Even though most adults benefit from estate planning, some people have more of a need to engage in estate planning than others. Business owners typically fall into this category. After all, the company that they run could be at risk of dissolution or insolvency if...
Your estate gives you an opportunity to leave something meaningful for the people you love. For most testators planning their estates, the main goal will be leaving something valuable to the people closest to them. The emotional and financial value of your belongings...
If you’re working on your will, one of the questions you may have is if you should give all of your children the same inheritance to avoid will contests. Certainly, there is a possibility that your children could fight over their inheritances if your will does not...
Many people who want to leave behind resources for their children, grandchildren or other loved ones have no qualms about sharing their plans openly prior to their deaths. You may have known for years that your loved one intended to leave you specific assets or a...
Why was my sibling left a more significant portion of the inheritance? Did dad purposefully leave his only son out of his will? How can you determine that one sibling deserves more than another? It’s a problematic process determining who to leave your estate’s...
Only 30% of family owned franchises will survive after the owner retires. Furthermore, it is estimated that only 10% of franchisees have succession plans in place. Do you have a plan in place for your children to take the reins once you retire?What is succession...
Tax law and estate planning are unquestionably complex, yet they often go hand-in-hand. When writing or litigating an estate plan, reducing tax liability is usually the key to maximizing payout as either a grantor or a beneficiary. Different investment options have a...