Confused about estate plans and the difference between wills and trusts? Or why you need them at all? Here we've shared some examples of what happens in cases of dying intestate (without a will or trust), with a will, and with a trust. Contact us to learn more and let us help you determine what's right for you!
Don’t make the same mistake so many celebrities, like Prince, have made Whether your estate is worth $40,000 or $400 million, the effects of poor estate planning are undeniable. Between estate taxes at the state and federal levels, more...
Find out how to protect your business and provide a lasting legacy.
Read Michael’s article, “Three Critical Ways to Protect the Future of Your Business,” in the Daily Herald Business Ledger, as he discusses three key areas and how to plan for any issues before they arise.
Now available for order! Our new book, Your Ultimate Legacy: How You Can Create, Expand, Enjoy and Sell A Purposeful Practice, is now available — both in print and for e-readers! In this book, Michael shares his experiences of creating and cultivating a...
At the end of each year, I like to reconnect with our clients for review and reflection. So much can happen over the course of a year — families grow, financial situations change, and new elements of your legacy...
Everyone must leave something behind when he dies, my grandfather said. A child or a book or a painting or a house or a wall built or a pair of shoes made. Or a garden planted. Something your hand touched some way so your soul has somewhere to go when you die, and when people look at that tree or that flower you planted, you’re there.
Ray Bradbury, Fahrenheit 451
By now you’ve heard that Congress has acted — even if at the eleventh hour — and they made the estate tax ‘changes’ permanent. We can bet that permanence has some impact, but if later Congresses want or need to change...
When I went to law school, I knew that I wanted to become a tax lawyer. So I took all the tax courses I could, and after law school, I went to work in the tax department of the...
Thirty years ago, when a loved one passed away, you could typically find one box that contained all their financial, legal and personal information. This made estate management easier to handle, but things are much different today. Now, we...
A professor stood before his philosophy class and had some items in front of him. When the class began, wordlessly, he picked up a very large and empty mayonnaise jar and started to fill it with golf balls. He...