Estate Plan for Your Family Business Owning your own business can be a great endeavor that takes a lot of passion and drive. Many small business owners focus on the day-to-day management and growth of the business, rather than thinking about a time when he or she may not be in the business. This is…
Not Married? You’re Not Alone – but You Still Need a Plan. Approximately half of America’s population over the age of 16 is unmarried. While much of the discussion involving estate planning focuses on married couples, this topic is just as important for a single person. Many times it is even more important than a…
Estate Planning Helps A dream without a plan is simply a wish. Estate planning is not just about death and taxes — it puts you in the driver’s seat of your financial life, allowing you to set achievable goals. It is a great opportunity to focus on the legacy you want to leave behind for…
Tax and Estate Planning Season Tax prep activity is the perfect opportunity to get your estate plan in order and kill two birds with the proverbial stone “Tax and Estate Planning Season”. Why? Because as you run down your list of “tax prep” questions, you will find that your answers could also impact your estate…
Estate Planning Letter of Intent Estate planning protects your family’s financial future. Estate planning may take care of loved ones as well as finances. The letter of intent is an often-overlooked estate planning tool. An estate plan’s letter of intent instructs executors on how to manage assets and care for family and loved ones. Letters…
Are Your Documents Following the Same Script? Basics of Beneficiary Forms and Estate Planning – In the event of your untimely death, how your beneficiaries — or those people who receive your assets from your estate — are determined is highly dependent on how your property is titled. Generally, property with title includes vehicles, boats,…
Threats to Successful Estate Planning Poor estate planning is a recipe for disaster. Look no further than Dickens’ Bleak House—or a telenovela—to witness the tragedy and melodrama inadequate estate planning can cause. While having successful estate planning documents prepared is the first hurdle to overcoming these types of disasters, several threats lurk around the corner…
Why Estate Planning Isn’t Just for the Top One Percent Corona Estate Planning Attorney Joseph Hudack says that there is a common misconception that estate plans are only for the ultra-rich – the top 1%, 10%, 20%, or some other artificial threshold of “enough” wealth, according to estate planning attorney Joseph Hudack, are frequently mistaken…
Fix 5 Common Estate Planning Problems Corona Estate Planning Attorney Joseph Hudack knows the Common Estate Planning Problems – Not surprisingly, most people loathe reviewing their estate plan because it can be both confusing and daunting. Others do not want to think about death and avoid the topic altogether. If you already have put an…