You already know you want to protect yourself and your loved ones when you become mentally disabled or pass on. The confusing part is not knowing how to keep you and your estate out of a long drawn out court process. That is where we come in. We help people just like you create a... [Read More]
Category: Estate Planning
Three Questions…
There are really three questions to ask yourself as you think about estate planning. Those questions are as follows: Number one, ‘What are the most important things in your life?’ Number two, ‘What are the most important relationships in your life?’ Number three, ‘What legacy will you leave?’ You can leave a lasting, very impactful... [Read More]
What Is the Solution?
What is the solution? In estate planning, it is easy for things to go poorly if the estate planning is not done well. In our unique process, The Customized Protective Estate Planning Solution™, we have a regular process that we go through which gives us a much better chance of doing a good estate plan... [Read More]
Big Picture
Again, if you do not have a valid estate plan, the state has one for you. It will move the assets by bloodline, and it may go to people you don’t know or have never met. There is a strong reason greed is one of the seven deadly sins. Greed brings out the worst in... [Read More]
Avoid Bushwacks
Avoiding bushwhacks includes avoiding probate court. I know I am repeating myself here, but this is a common area of misconception. The downsides of probate court are numerous. The attorney fees, which they often refer to as ‘administrative expenses’, can be 5-7% of the value of your probate estate. For example, if you have One... [Read More]
Protecting the Kids…
A lot of estate planning attorneys think that assets should be kept in trust for the adult children for their lifetime and not paid out right upon the death of the parent. You can do that and still give the adult children control of their share. A risk to the adult children that is out... [Read More]
The Differences between Wills and Trusts…
What is a Will? A Will is only effective when you pass on. It forces you into probate court. It is public record showing who inherits, how they inherit, and how much. The Administrative Office of the Courts tell us that the average administrative time is between 18 and 24 months from the time the... [Read More]
When the Last One Goes…
You can avoid probate court if your estate plan is well designed and current. When you pass on, when your spouse passes on or your loved one, parent, et cetera, pass on that is when we look at the questions of: ‘Where is the estate plan? Is it a valid legal enforceable estate plan? Are... [Read More]
They are gone…
If someone has died, what do we do next? There is a comedy play called Daddy Died, Who Has the Will?, which is a chaotic comedy of everyone scrambling around, trying to find the Will and find out what daddy owned. You want to avoid that. You can have a well done estate plan prepared... [Read More]
I can’t remember
NOTE: This is an excerpt from the book, The Legacy You Leave, by Steven Andrew Jackson, Esq. You can buy the book on Amazon or Kindle. Click here for details. They say we are statistically six to nine times more likely to become mentally incapacitated in a given year than to die. I have worked... [Read More]