The first step to having an effective estate plan is understanding what exactly it is, what purpose it serves, and what type of estate planning vehicles are right for you and your situation.
Client have occasionally asked us whether their estate plan can include a right of first refusal (ROFR) on assets in their estate. To illustrate this issue, here’s a hypothetical scenario: The Family Farm
Most people don’t look forward to the death of a loved one, but they may have thought about a possible future inheritance. The reality is, that when someone passes, one of the first
You probably don’t want to make a resolution that requires you to think about your own mortality and what will happen when you’re gone, but if you haven’t finished your estate plan, it’s
Ask a group of friends if they have experienced a family fight over property after a loved one has died, and you will be in for a lively and eye-opening conversation. Far too
It's not always immediately clear who should be the person you place your literal trust in to manage your financial affairs, so here are some critical things to consider first. When a trust
A common misconception is that only wealthy families and people in high-risk professions need to have an asset protection plan. But in reality, anyone can be sued. A car accident, foreclosure, unpaid medical
Planning for how your money and assets will be taken care of after you pass away is not the most pleasant or exciting thing to do. It requires thinking through situations that can
We rely on our friends, family, and colleagues to help us through life’s challenges. The people we trust can also be incredibly important when arranging an estate plan. It is critical to appoint
A loved one dying can be extremely disorienting and sad regardless of the situation. However, if your loved one dies abroad, traveling in a foreign country, you can expect that both the emotional
