Provisions within a will represent the foundation of this legal document in estate planning. Among the key provisions include naming an executor; naming guardians for minor children; the disposing of assets to beneficiaries; the revocation of previously created wills;...
Month: March 2021
Understanding an LLC and its asset protection strengths
The type of business structure you choose plays a crucial factor in the future of your company as well as your future by protecting your personal assets. One such business structure that proves advantageous to business owners is a limited liability company (LLC). When...
Relying on a no-contest clause in settling an estate
You have concerns about your heirs, mainly your children who do not get along. For years, you somehow kept your family united despite the squabbles and disputes between them from childhood through adulthood. At times, those incidents threatened to tear apart your...
How an estate plan addresses valuable collections
The years of professional success and wise investments afforded you many things that a typical family may only dream about having. Among them is an enviable list of high-value property that represents a respectable portion of your estate. The fine art, jewelry and...
What are some reasons for challenging an estate plan?
Together, your parents started a business. During those early years while the family-owned company was on the cusp of success, your mother died, leaving your father to take the reins alone. He accomplished much, building the business into a pillar reaching markets...
What should I know about a Nevada asset protection trust?
If you are successful in your career, maybe even starting your own business, you eventually start building more assets. At some point, you may want to protect those assets, especially if you face a potential lawsuit or creditors seizing those assets. If you are in a...
