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Learn about the latest legal developments that could potentially impact your life, your family, and your business.
Is Your Child’s Trust Fund Safe from Your Child’s Spouse?
If you want to preserve assets for your children or grandchildren, you may already have heard about using a trust fund. Property placed in a trust fund is held and managed by a trustee for the benefit of a beneficiary. There are many advantages to creating a trust,...
How to Keep Your Ex-Spouse From Disinheriting Your Children When Remarrying
Second marriages can raise numerous financial concerns especially if there are children from the first marriage. If you are the one getting remarried, there are tools you can use to protect your assets for yourself and your kids. However, it’s also essential to...
Why You Should Protect Your Separate Assets When Getting Remarried
If you are getting married for a second time, you may both be bringing sizable assets and debt into the marriage. You may also have children from a prior relationship. These circumstances can raise significant financial issues and conflicts in marriage. That’s why...
Do You Need a Postnuptial Agreement?
Most people have heard of a prenuptial agreement, but postnuptial agreements are less well-known. Postnups address many of the same issues as prenups. They both allow couples to determine how they will deal with financial issues during marriage and in the event of...
Why You Should Start Medicaid Planning in Your 30s
A common misconception is that you don’t have to think about long-term care issues until you’re in your retirement years. However, starting Medicaid planning in your 30s offers significant benefits and no downside. The same tactics that protect assets for long-term...
Should Your Children Be Trustees of Their Own Trusts?
It’s not unusual for parents to create a trust and make their adult children (or grandchildren) both the beneficiaries and trustees of their own trusts. That option may be fine legally and offer several advantages. However, it can also cause significant problems if...