How Can I Pass on the Family Business to One Child and Still Be Fair? The strengths, skills and persistence that build a successful business are also skills that help prepare that business for a successful transition to the next generation. Unfortunately, many...
Is Long Term Care Insurance the Best Answer for Me? How do you pay for long term care needs? Seventy percent (70%) of seniors will need some form of long term care. Yet Medicare and your health insurance policy will not pay for those costs. Many assume they must pay...
What You Are Not Told About Probate I often ask attendees of my presentations if they have been told “probate” is something to avoid. Invariably, I see several heads nodding “yes.” Many are not sure why they are supposed to avoid probate. However, the most common...
Why You Need to Consider the Impact of a Blended Family in Your Estate Planning Even if you are in a solid first marriage, it is important to be aware how blended families can create unique estate planning issues. Why? Consider the following example. You pass away...
