In summary, the experience level of an estate planning attorney directly impacts their salary. While entry-level attorneys may start with lower salaries, gaining experience, building a client base, and becoming an expert in the field can lead to higher earning potential as an estate planning attor...
How much does an estate planning attorney cost? More like this Investing Estate Planning An estate planning attorney helps people determine where their assets should go upon their death or incapacity. The attorney should look carefully at your unique family and financial situation, explain the estat...
How not to plan estateThe article presents the author's perspectives on the approval of the multi-billion-dollar tax-cut package which will lead in the partial disinheritance of the surviving spouse in the U.S.Otte, JohnWallaces Farmer
Why you need an estate plan now Even if you don't think you have much to bestow upon your heirs, having an estate plan means you get to decide what happens in the event of your death or incapacitation — not someone else. "As a general matter, if you do not have an estate plan,...
First, you should know how much you need, and you should be able to demonstrate good reasons for it. Use the financial projections of your business plan to estimate an amount and determine the type of loan you need. Business line of credit (LOC): This is a flexible loan that behaves ...
The first question to ask is: How much do you fly? Aircraft vendors will often tell you that flying 200 hours per year justifies the outright purchase of a jet. Remember, they're also trying to sell you one. Aircraft brokers who offerfractional ownershipin a plane will say it’s more ...
How is your retirement looking? Again, how much you currently have in your bank account doesn't necessarily indicate whether you're rich. A big part of being rich means whether you’ll be able to retire when you want and, once you do retire, whether you’ll be able to li...
Believe it or not, you can invest in real estate with $1,000. You may not be able to buy an income-producing property, but you can invest in a company that does. Areal estate investment trust (REIT)is a company that invests in and manages real estate to drive profits and produce inc...
Financial plan:The financial plan is a comprehensive section detailing the financial projections of the business. Exploring funding avenues is an essential aspect of building a robust business plan. For real estate professionals and investors, understanding different financing options, such asexploring SBA...
which is one of the premier estate planning and tax planning educational events held nationally each year. We have been utilizing this technique for years. For more information about how this works, please see my articleHow to Use Your Estate Plan to Save on Taxes While You’re Still Alive!