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Estate Planning

Three Estate Planning Mistakes Farmers and Ranchers Make

Posted on: May 26th, 2015
Farming or ranching is more than a means of livelihood - it is about preserving a legacy and unique way of life. Unfortunately, many farmers and ranchers fail to make an estate plan. The farm or ranch that has been passed down for generations then ends up being sold and converted into non-agricultural use, cutting the legacy short and ending the family's unique lifestyle choice....

Is a Revocable Living Trust right for you?

Posted on: April 28th, 2015
Revocable Living Trusts instead of Wills have become the basic building block of estate plans for people of all ages, personal backgrounds, and financial situations. But for some, a Revocable Living Trust may not be necessary to achieve their estate planning goals or may even be detrimental to achieving those goals....

Three Simple Asset Protection Tips Anybody Can Use

Posted on: April 16th, 2015
Unfortunately, in our litigious society, liability risks are not unique to physicians. Business owners, board members, real estate investors, and retirees need to protect themselves from a variety of liabilities too....

Some Issues to Consider when Naming a Successor Trustee

Posted on: February 2nd, 2015
Today many estate plans contain irrevocable trusts that will continue for the benefit of a surviving spouse's lifetime and then for the benefit of the next generation. Since these trusts are designed to span multiple decades, it is crucial to choose the right succession of trustees....

Should Updating Your Estate Plan Be a 2015 New Year's Resolution?

Posted on: December 29th, 2014
With 2015 right around the corner, it's time to start thinking about your new year's resolutions. It doesn't matter whether you have an estate plan or don't, one important item to add to your list is getting an estate plan checkup. Don't Have an Estate Plan? If you don't already have an estate plan, then getting one in place should be at the top of your 2015 new year's resolutions. If you do have an estate plan, then reviewing said plan might need to be at the top of your 2015 new year's resolutions. ...

Periodically Review Beneficiary Designations

Posted on: November 24th, 2014
It is critically important to review your beneficiary designations as your life changes because your beneficiary designations may overrule or conflict with the plan you have established in your will or trust. ...
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