Barnes. Just one legal aspects of those intricacies is addressed by Barnes, an attorney, in "Estate Planning for Blended Families: Providing for Your Spouse and Children in a Second Marriage" (Nolo, $34.99). Blended families means at least one partner has children from a previous marriage....
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, the state will provide one," Re...
When it comes to estate planning, many Americans are unprepared for what comes after death. Two out of three adults do not have a will or other estate planning documents, according to the caregiving websiteCaring.com. But the number of young adults ages 18 to 34 with estate planning documen...
This guide on starting a real estate business helps you avoid mistakes and succeed. We cover everything, from choosing your niche to licensing and more.
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!
The real estate game has changed more in the past year than at any other time in recent history. To become (and remain) a top producer in today’s evolving landscape, you need an ironclad real estate marketing plan. This plan is the foundation of your marketing: a comprehensive document ...
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Do they have the patience to work with heirs and insurance?Even when you create your estate plan to avoid conflict, it is always possible that conflict among your heirs can arise. Your executor should be level-headed and able to deal with any dispute calmly and reasonably. ...
No matter how you get started, your business plan should include these components: Executive summary: Give a high-level view of your business proposal or concept. If you were to make a professional elevator pitch (explaining your business in about a minute), you’d be reciting this bit aloud...
themselves as the manager of the LLC while providing significant tax benefits to both themselves and their children.Because estate planning is very complex, and the regulations governing LLCs vary from state to state, individuals should check with afinancial advisorbefore formalizing their LLC plan....