Tag Archives: advice

When is probate necessary?

Whether or not you have an estate plan in place, you have likely heard the term “probate”.

Probate is the legal process by which a deceased individual’s assets are distributed under court supervision. This process is necessary to distribute assets that are solely in the name of the deceased person. Probate is governed by state law.  

Avoiding...

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Four Reasons Why Estate Planning Isn’t Just for the 1%

There is a common misconception that estate plans are only for the ultra-rich

- the top 1 % - maybe the top 10%, 20%, or some other arbitrary determination of “enough” money.  In reality, nothing could be further from the truth. People at all income and wealth levels can benefit from a comprehensive estate plan....
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Does the “Corporate Veil” Really Protect Your Personal Assets?

If you’re starting a business, you may have started to do your homework to weigh your options for what kind of business entity you want to create.

You’ve likely considered the tax and non-tax implications for the different types of entities. If so, then you’ve probably also run across information on protections certain business entities afford...
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