Sometimes the unthinkable happens. Sometimes people make poor choices, which leave them unable to make wise decisions. These can vary from something small, which can be overcome quickly, to something major and life changing, which can take years to overcome. If one of your children is in the middle of such a life changing problem [Read more…]
With each child, the chance of argument increases. Even if your children are the best of friends, there can still be issues. After you pass, emotions are high and something you may think of as a tiny problem can become huge. With each child, the chance for argument increases over issues such as: who should [Read more…]
When you get married, you expect that marriage to last forever. Unfortunately, the sad truth is many marriages end in divorce or one spouse dies and the other goes on to remarry. In those cases, you would generally want the assets you acquired during the first marriage to go to the children of that marriage. [Read more…]
In the next series of blogs, I will be answering some questions as to why it is important for everyone to create an Estate Plan. Many people think of Estate Plans as something extra, or something you do when you have a lot of assets, but this is not the case. Everyone, no matter how [Read more…]
Simply stated, an Estate Plan is your plan for how your most important assets will be protected (your home, children and other assets). A good Estate Plan should answer the following:
- How do you protect your assets?
- How do you protect yourself from the unexpected?
- How should your assets be distributed?
Regardless of whether you [Read more…]
Out of all of my siblings, I only have two that are married. One is my brother, Tyler, who is an accountant and the other is my sister, Heather, who works as a nurse. They both have very different personalities and one is from my dad’s first marriage while the other is from my mom’s [Read more…]
During the reign of Augustus Caesar, the Roman army suffered its worst loss and defeat in the German wilderness during 9 A.D. Because of that loss, Augustus bequeathed in his estate plan to his successor, Tiberius, the virtue of Prudence, stating “be satisfied with the status quo and suppress completely any desire to increase the [Read more…]
Have you ever wondered what it would be like to receive a knock at the door after your loved ones are late coming home? As you open the door, the first thing you see is the small reflection of light from a police officer’s badge. [Read more…]
My story of John Wayne’s will dates back to a hot summer day in 1979; while at my desk I received a phone call from an attorney who was a partner in one of the major Los Angeles law firms. My job at the time was in sales for a newspaper published specifically for attorneys. [Read more…]