If we’ve ever caught up for a coffee or if you’ve heard me speak at a seminar, you will know that Testamentary Trusts are my FAVOURITE estate planning tool. I get asked all the time about testamentary trusts: are they worth the money or just over complicating things? Short answer? I believe that a testamentary trust can be a game changer in estate planning for about 80% of the clients I meet. Check out my video which explains what testamentary trusts are, why they are so powerful and when you should consider using them. If you want to dive further [More]
In this post we address ten frequently asked estate planning questions. When the questions are state-specific, I’ll be giving the fast, anti-blabber, Louisiana answer. The following are the questions addressed in the video: 1. What is difference between a will and a trust? 2. What happens if I die without a will? 3. Do I need a power of attorney? 4. Do I need an estate plan if I’m not rich? 5. Does my will control my retirement accounts? 6. How do I protect my estate if I go into nursing home? 7. What’s the death tax? 8. How do [More]
When you have a blended family (kids from a previous relationship) things can get a little tricky when it comes to estate planning. In today’s episode of Estate Planning TV I break down some of the things to think about a couple of potential solutions. ——————————————————- We do estate planning and probate, and we are GOOD at it. Our firm rests on three core pillars: 1. Family protection 2. Elimination of barriers to entry (we make it easy for you) 3. Estate tax reduction/elimination If you need estate planning or probate help, we should talk. The easiest way to do [More]
As we remember our departed loved ones today, we come face to face with a reality of life: The end. How do you prepare for it and most importantly, how do you prepare the people you leave behind? Learn more about estate planning from Atty. Edgar Mendoza in this interview. To watch more ANC news videos, click the link below: https://www.youtube.com/playlist?list=PLm34qRgqWBU4Mvq4BSrOawikENaFf38wn To watch Business Nightly videos, click the link below: https://www.youtube.com/playlist?list=PLm34qRgqWBU55jO2j9Ftu5G1np7DD-gyP For more Early Edition videos, click the link below: https://www.youtube.com/playlist?list=PLm34qRgqWBU5mNM5niCNyD-3322Lo6w9g Subscribe to ANC YouTube channel! Click here: http://bit.ly/ANC24-7 Visit our website at https://news.abs-cbn.com/anc Facebook: https://www.facebook.com/ancalerts Twitter: https://twitter.com/ancalerts #ANCHighlights #ANCEarlyEdition [More]
The full list of 23 Bookkeeping tips at www.bookkeeperplanet.com/retips.
Estate Planning 101: how your estate planning needs and objectives change as you go through life. For prospective law firm clients who want to schedule a free 15 minute initial phone call with Paul Rabalais, go to: https://go.oncehub.com/Paul8 The following is a breakdown of three different phases people go through as they get and keep their estate legal affairs in order. Phase I is for those parents in their 30’s and 40’s who have minor children. These parents are still in the accumulation phase, but there are important estate planning issues. Typically, parents in Phase I worry about who will [More]
Tax Implications of a Revocable Living Trust When people think about avoiding taxes they often think of using trusts as shelters. Unfortunately, those assumptions about trusts as tax shelters are wrong. Today I wanted to clear the air and lay out precisely the tax implications of a revocable living trust. It’s probably best to just start at the beginning and talk a little bit about what a revocable living trust is and what it does. The way I usually describe trusts to people is to imagine you’ve got a box. You own this box. You can put stuff in the [More]
So what’s estate planning? Here’s a hint: It’s not just for the wealthy. Our estate planning 101 breaks down the basics in 5 steps, so you can ensure your wishes for yourself, your loved ones and your most prized belongings are carried out on your terms in the event of your illness or death. Visit Northwestern Mutual: https://www.northwesternmutual.com/
Putting an estate plan in place can be very confusing for many people. Financial expert Joe Anderson and Estate Planning Attorney Nicole Newman discuss the difference between wills and trusts. Broadcast Date: July 16, 2017 If you would like to schedule a free assessment with one of our CFP® professionals, click here: https://purefinancial.com/lp/free-assessment/ Make sure to subscribe to our channel for more helpful tips and stay tuned for the next episode of “Your Money, Your Wealth.” https://www.youtube.com/subscription_center?add_user=PureFinancialCFP Channels & show times: http://yourmoneyyourwealth.com https://purefinancial.com IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A [More]
Learn more on the education section of our website and download the slides here: Learn tools and techniques that go beyond the basics to protect your family, lower your estate tax, and enable you to retain more money for retirement and wealth transfer! Our estate planning attorney will cover: · Intestate Succession · Will: Letter to judge in probate, fees, advantages, and disadvantages · Living Trust: Analogous to contract, advantages, and disadvantages · Estate Taxes: Rules for married couples and special planning techniques It’s important to properly plan for the future. Protect your property and assets and assure a smooth [More]
Wills and Estate Planning by Terry Purcell Sydney Adventist Hospital – 10 August 2015
How To Simplify Your Estate Planning Subscribe today to stay up to date with our latest shows and highlight videos: https://goo.gl/7XrGvj Our professional focus is on financial planning and investment management, and we leverage our knowledge for your benefit. We help you focus on the things you can control and manage the things you can’t. Visit our site for more info : https://goo.gl/cGsH44 Are you ready to go beyond common sense when it comes to your money? Check out all the resources The Money Guy Show provides: https://goo.gl/pPiLm6
Estate planning is a task that people tend to put off since we don’t like thinking about our own death. However, dying without having your financial affairs in good order risks leaving your heirs with some significant problems. Here are 8 things you can start doing now. Estate planning is a task that people tend to put off since we don’t like thinking about our own death. However, dying without having your financial affairs in good order risks leaving your heirs with some significant problems. Here are 8 things you can start doing now Subscribe to my channel: http://bit.ly/scottweisscfp ******************************************** [More]
For prospective law firm clients who want to schedule a free 15 minute initial phone call with Paul Rabalais, go to: https://go.oncehub.com/Paul8 Some people get nervous before they go see an estate planning attorney for the first time. They don’t know what to expect. Selecting the right estate attorney is important in making sure that your legacy is preserved the right way. Before we get into which questions you should expect to be asked by your estate planning attorney, let’s address some characteristics of an estate attorney that should turn you away. First, if you find that the attorney talks [More]
Some people mistakenly believe that an applicant for Louisiana Long Term Care Medicaid does not own property that belonged to their parents when the parents’ Successions have not been completed. Here’s an example: Grandparents owned a piece of real estate. Grandparents died many years ago leaving two children, a son and a daughter. Either the grandparents’ Wills, or intestate law (you pick) leaves the property to the two children, equally. The grandparents’ successions were never completed leaving title to the property in grandparents’ names. Grandparents’ daughter is now requiring nursing home care and is applying for Louisiana Long Term Care [More]
Too many marketers/experts/consultants make it sound like it’s easy to market an estate planning practice so that each month the attorney gains a steady flow of new, ideal estate planning clients. The reality, though, is it’s hard. Many lawyers fail. Why do they fail? For lots of reasons…competition, fee resistance, information and alternative services available online, and lawyers are among the least trusted professions. Many vendors of marketing services proclaim that with minimal effort, you can have the estate planning practice of your dreams. One vendor said that you can build the ideal estate planning practice by “investing” 15-20 minutes [More]
In this webinar, estate planning lawyer Mary-Jane Wilson explains: why preparing a will is important, powers of attorney and representation agreements. Mary-Jane Wilson is a partner at the law firm Wilson Rasmussen LLP. She regularly provides advice to individuals, families and organizations in the areas of: real estate and financing, estate planning, wills and trusts, powers of attorney, estate administration and probate and representation agreements. She is also the author of the British Columbia Probate Kit.
Learn More About Estate Planning Essentials Today! https://www.wealthcounsel.com/epe Despite what you may think, estate planning isn’t just for the elderly. Estate planning is the process in which one plans for the unexpected, whether it be death, disability, or incapacity. In our inaugural episode of “Estate Planning Essentials,” we’ll break down the estate planning basics. From medical directives to memorial instructions, document drafting to trusts, we’ve got you covered. Please like, comment, and subscribe! For more information, check out https://www.wealthcounsel.com/resource-center WealthCounsel, LLC has been helping estate and business planning attorneys practice excellence for over 20 years. Membership benefits include superior estate [More]
On this episode of The Money Guy Show, we go over the seven common estate planning mistakes you need to avoid! Leave your comments and questions below. Subscribe today to stay up to date with our latest shows and highlight videos: https://goo.gl/7XrGvj Our professional focus is on financial planning and investment management, and we leverage our knowledge for your benefit. We help you focus on the things you can control and manage the things you can’t. Visit our site for more info : https://goo.gl/cGsH44 Are you ready to go beyond common sense when it comes to your money? Check out [More]
Setting up a living trust when it comes to estate planning will help you avoid costly probate and expensive attorney fees. WATCH this video so you don’t make the same $75,000 mistake my grandma made! ***** Get Your FREE 30 min Consultation & Wealth Planning Blueprint NOW! http://aba.link/az ***** **SUBSCRIBE** Real Estate Asset Protection Youtube Channel 800.706.4741 ccoons@AndersonAdvisors.com https://AndersonAdvisors.com Twitter: @Clint_Coons Blog: https://ClintCoons.wordpress.com The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod [More]
Hey guys, in today’s video we’re going to talk about Life Insurance In estate planning. 💯 Estate Planning 2019: http://bit.ly/2wgUbFa Now before we dive deep into how you can use life insurance in estate planning, let us try to understand what is estate planning? 🤔 Estate planning is is the process of transferring wealth from one generation to the next generation and it is important that every individual with some assets should do estate planning. Many people say that Life insurance is an efficient way to pass on wealth to next generations but is this true? To summarise it, life [More]
“Starting an estate planning practice” is not going out and buying up office supplies, furniture, and office space. To me, “starting an estate planning law practice” involves the activities necessary to attract ideal clients so that you can retain them, and then have them compensate you for providing your professional legal services to them. Almost everyone underestimates what is involved in setting up a practice that consistently brings in new ideal client activity. Here’s a step-by-step cost-efficient plan for building your practice: (1) Build a Website. Don’t spend valuable resources paying a third party to build and maintain your site. [More]
Hi guys, in today’s video I want to share with you why Estate Planning is IMPORTANT to every financial advisor. Join the Mentoring Family to get more tips like these: http://bit.ly/2KUXBnq Ever since I started the mentoring family, I’ve been receiving many messages from members asking me multiple questions related to Estate Planning. 🤔 Questions like: “Dr Sanjay, why and how can I learn about estate planning ? I want to close a bigger case.” “I met a business owner today, I’m not sure what can I do for him, can you advice me?” “I was recommended to a high [More]
This video focuses on an all too common gap in the financial community’s interpretation of life insurance who tend to think that life insurance is only important for replacing one’s income at death. There are other critical uses of life insurance for estate planning purposes that go way beyond income replacement. Before we dive in, let’s review what is estate planning? Estate planning is a plan to manage and distribute your assets in the event disability or death. Your assets are everything you own and this is not just an essential for wealthy people. Having no estate plan makes you [More]
Every month The Presser Law Firm, P.A. – Asset Protection Attorneys holds a webinar on different topics specific to Asset Protection and Estate Planning. This webinar, with Attorney Elise Gross, Esq., LL.M., Of Counsel to The Presser Law Firm, P.A., is from November 13, 2018. Attorney Gross cover several Estate Planning and Elder Law topics specific to preparing for your parents, including Incapacity Documents, Long Term Care, Medicaid, and Funeral and Burial Arrangements. About The Presser Law Firm, P.A. We help our clients protect their hard-earned assets from lawyers, creditors, foreclosure deficiencies, former or current spouses, malpractice claims, children, relatives, [More]
Matt Dana reflects on all he has learned in the estate planning industry. Dana Whiting Law serves Scottsdale, Arizona and the greater Phoenix area. Matt Dana has over 34 years of experience in estate planning law. Together, they have helped countless clients and their families prepare for their future. To learn more about Matt, visit https://danawhitinglaw.com/about-us/about-matt-dana/.
Today, we’re talking about a topic we’ve never covered before: estate planning. We’re covering some estate planning basics and talking about the financial planning we’ve done to make sure that our children are taken care of if we were to both die unexpectedly. ▸▸▸ Related Content | Create Your Dream Life – How to Live a Happy Life https://www.youtube.com/playlist?list=PLJW3O98V_sGP8p1m0V1lSey52zO0x-Nz2 OBH Family Vlogs: https://www.youtube.com/watch?v=YzanCtOBS4Y&list=PLJW3O98V_sGOgBBnTAzldSXvc0dPsRP6w 2018 Family Budget: https://www.youtube.com/watch?v=AxyrezSxjLM Investing 101: https://www.youtube.com/playlist?list=PLJW3O98V_sGPY4dE-Atc_BarTMmYJQQx7 How to Save Money | How We Saved $100,000 in One Year: https://www.youtube.com/watch?v=-J8BVgH9mlo ▸▸▸Other Places You Can Find Us! Website: https://onebighappylife.com Twitter: https://twitter.com/onebighappylife Instagram: https://instagram.com/onebighappylife Facebook: https://facebook.com/onebighappylife ▸▸▸About Us | [More]
Welcome to the ultimate guide to estate planning. If you are curious about planning in advance for long-term care expenses or your focus is on the Do It Yourself Beneficiary, managing assets for your children’s inheritance and overcoming challenges families face without an estate plan is financial freedom in retirement. Watch this complete estate planning review to see who needs an estate plan and how to utilize tax-free advantages in life insurance with the different estate types and trusts. People Often ask me “How does life insurance affect estate planning and Should I consider life insurance in my estate plan?” [More]
7 Seven Deadly Estate Planning Mistakes & How To Avoid Them Petaluma, CA estate planning attorney, Bridget Mackay, talks about the 7 common estate planning mistakes she sees on a regular basis + advice on how to avoid them. With a focus in Estate Planning, Probate and Trust Administration for the greater Sonoma, Marin and Napa areas – Bridget understands the intricate laws and regulations to counsel clients and make arrangements to fit your unique needs perfectly. Bridget believes in relationships. Taking care of you and your family is what matters above all else. Subscribe: http://bit.ly/2kyHpNM Estate Planning Playlist: http://bit.ly/2kCJqsb [More]
Face it – nobody’s perfect. Mistakes are made in every facet of life, including estate planning. The following are five of the most common mistakes that people make when they attempt to put their estate legal affairs in order. (1) Not addressing long term care. If you don’t address the possibility that your estate will be depleted due to nursing home or long term care costs, there may not be an estate to leave to anyone when you pass away. But sometimes this topic does not get addressed. People will go to a lawyer to “get a Will done,” and [More]
Nobody likes talking about it, but you’re bound to have heard of someone who passed unexpectedly without a will, leaving their estate in chaos. Regardless of your age or financial situation, estate planning is something that should be implemented by everyone, and can provide you with peace of mind. With some simple planning, you can make sure your assets are in good hands after you’re gone or if you become unable to make decisions on your own. Watch it to find out: 1. What happens to an estate with and without a will 2. What happens when an estate goes [More]
Include property ownership, probate law, trust law, contract law, estate tax, income tax, social security tax, and gift tax.
There are three mistakes that many individuals make when they are planning their estates. Mistake #1) Not paying enough attention to one of the most crucial documents. The powerful Power of Attorney. Mistake #2) Thinking Medicare will pay for nursing home or other long term care cost. Mistake #3) Giving your assets away to children (probably the most important mistake). Planning your estate is not for the amateur. One little word can make all the difference in whether your estate is processed exactly as you wish, or a long drawn-out fight with no real winners. In this livestream I’m joined [More]