Last week, I shared the first part of this series on the dangers of do-it-yourself estate planning. Here, we’ll look at how online legal documents can also put your minor children at risk. Given how far web-based technology has evolved, you might think online legal document services have advanced to the point where they’re a […]
Do a Google search for “online estate planning documents,” and you’ll find dozens of different websites. These sites let you complete and print out just about any kind of planning document you can think of—wills, trusts, healthcare directives, and/or power of attorneys—in just a matter of minutes. And the documents are typically quite inexpensive. At […]
As we head towards the end of the year, we’re fast approaching the deadline to implement your family’s tax strategies for 2019. The Tax Cut and Jobs Act (TCJA) completely overhauled the tax code, and if you’ve yet to take full advantage of the benefits offered by the new tax law, now is the time […]
In the first part of this series, we discussed a unique planning tool known as a Lifetime Asset Protection Trust. Here we explain the benefits of these trusts in further detail. If you’re planning to leave your children an inheritance of any amount, you likely want to do everything you can to protect what you […]
As a parent, you’re likely hoping to leave your children an inheritance. But without taking the proper precautions, the wealth you pass on is at serious risk of being accidentally lost or squandered. In some instances, an inheritance can even wind up doing your kids more harm than good. Creating a will or a revocable […]
Following the death of the policy holder, the way in which proceeds from a life insurance policy are paid to the beneficiary (or beneficiaries) is known as the settlement option. And you might be surprised to learn that there are a variety of settlement options available besides the most common method—a lump-sum payout. Depending […]
https://www.calilaw.com/wp-content/uploads/2019/10/life-insurance.jpg480962Marc Garletthttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgMarc Garlett2019-10-17 20:23:452019-10-17 20:24:37Understanding Your Life Insurance Settlement Options
Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 2
Asset Protection, Common Mistakes, Education, Estate Planning, Estate Planning Blog, TrustsLast week, I shared the first part of this series on the dangers of do-it-yourself estate planning. Here, we’ll look at how online legal documents can also put your minor children at risk. Given how far web-based technology has evolved, you might think online legal document services have advanced to the point where they’re a […]
Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 1
Asset Protection, Digital Estate Planning, Estate Planning, Estate Planning Blog, Trusts, WillsDo a Google search for “online estate planning documents,” and you’ll find dozens of different websites. These sites let you complete and print out just about any kind of planning document you can think of—wills, trusts, healthcare directives, and/or power of attorneys—in just a matter of minutes. And the documents are typically quite inexpensive. At […]
4 Year-End Tax-Saving Strategies for 2019
Asset Protection, Estate Planning, Estate Planning Blog, TaxesAs we head towards the end of the year, we’re fast approaching the deadline to implement your family’s tax strategies for 2019. The Tax Cut and Jobs Act (TCJA) completely overhauled the tax code, and if you’ve yet to take full advantage of the benefits offered by the new tax law, now is the time […]
Lifetime Asset Protection Trusts: Airtight Asset Protection For Your Child’s Inheritance—Part 2
Asset Protection, Beneficiaries, Estate Planning, Estate Planning Blog, Family Values, Inheritance, TrustsIn the first part of this series, we discussed a unique planning tool known as a Lifetime Asset Protection Trust. Here we explain the benefits of these trusts in further detail. If you’re planning to leave your children an inheritance of any amount, you likely want to do everything you can to protect what you […]
Lifetime Asset Protection Trusts: Airtight Asset Protection for Your Child’s Inheritance—Part 1
Asset Protection, Beneficiaries, Estate Planning, Estate Planning Blog, Family, Legacy Planning, TrustsAs a parent, you’re likely hoping to leave your children an inheritance. But without taking the proper precautions, the wealth you pass on is at serious risk of being accidentally lost or squandered. In some instances, an inheritance can even wind up doing your kids more harm than good. Creating a will or a revocable […]
Understanding Your Life Insurance Settlement Options
Estate Planning, Estate Planning Blog, Family, InsuranceFollowing the death of the policy holder, the way in which proceeds from a life insurance policy are paid to the beneficiary (or beneficiaries) is known as the settlement option. And you might be surprised to learn that there are a variety of settlement options available besides the most common method—a lump-sum payout. Depending […]