Category: Estate Planning

Revocable Living Trust RLT

What will happen to your loved ones, your beneficiaries, when you have passed away? How will they manage their inheritance? Often times, leaving behind a large sum of money to someone without money management skills can be disastrous. A revocable living trust will afford you the ability to make things easier on your survivors, including [..]

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What Is Estate Planning?

Many people have questions when it comes to estate planning. The most important of these happens to be the most straight forward: what IS estate planning and is it a must? Individuals who are considering beginning the estate planning process typically have several questions including: What’s the reason for preparing a will or trust? Is a living trust necessary? What [..]

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Property owners have ways to protect their assets and themselves

As the recent recession ended and a new real estate growth period started, many real estate purchases in recent years were investor or second-home buyer purchases — an indicator of the growing popularity of real estate investing as a wealth-building strategy. Understanding the basic principles of asset protection — tools and techniques used to legally [..]

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Self Directed IRA

In the past few years, we’ve seen rapid growth in the practice of savvy IRA owners (including those holding conventional Individual Retirement Accounts, Roth, SEP-IRA and 401-k plans) who are assuming control and investing their retirement benefits into their own truly Self Directed IRA. They began to use this form of account to purchase untraditional IRA [..]

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Self Directed 401k

A self directed 401K, is a 401K plan arranged for your company. In your role as leader of the company, you will behave as the legal custodian and trustee, overseeing the plan’s financial dealings. The investments for the 401K plan might be in a broad range of permissible investments. The utilization of this type of [..]

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Family Limited Partnership FLP

An effective Family Limited Partnership (FLP) can provide very good protection from creditors, as well as the flexibility not found in different trusts, and it is not difficult to change a Family Limited Partnership when the need arises. A Family Limited Partnership boils down to a traditional limited partnership where the partners are members of [..]

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