6 Pre-Election Estate Planning Strategies
Why wait? A variety of trusts—from SLATs to BDITs, GRATs and more—can help you be proactive in protecting your wealth.
Ethan Huizenga
October 5, 2020
Estate Planning for Asset Distribution
The distribution of some of our assets can be governed by contracts. Examples of these contracts include life insurance, investment accounts, bank accounts and trusts.
Ethan Huizenga
September 29, 2020
Asset Protection and the No-Good Son-in-Law
My daughter, my only child, recently married a nice man. However, he is not responsible with his finances. I don’t want my son-in-law to have any access to her money or through a divorce via equitable distribution.
Ethan Huizenga
September 24, 2020
Planning for Nursing Home Expenses
A revocable trust is great for many reasons, but it does NOT protect assets from nursing home expenses.
Ethan Huizenga
September 22, 2020
Trusts: The Swiss Army Knife of Estate Planning
We may think of a spoiled heiress to a large fortune, whose parents were savvy enough to prevent her from having full access to her funds. On the other hand, we could imagine a loved one with special needs, whose needs will be provided for with trust-protected money.
Ethan Huizenga
September 21, 2020
Farm succession planning needs to happen now
Develop a successful transition plan that will provide for you, your heirs and your business.
Ethan Huizenga
September 15, 2020
What Happens If I Don’t Fund My Trust?
If you have updated your estate plan during the Covid crisis and even found a way to sign your documents while maintaining social distance, do not overlook the last step of trust funding.
Ethan Huizenga
September 9, 2020
How to Be Smart about a Financial Windfall
Windfalls can result from fortunate events, like lottery winning, and unfortunate events, like a legal settlement. Whatever the triggering event, a big injection of cash can certainly be a life-changing event in someone’s life.
Ethan Huizenga
September 8, 2020
Different Trusts for Different Purposes
Trusts are legal entities that own assets, and all trusts are not alike. They are created by a written trust document with certain provisions that can vary from trust to trust.
Ethan Huizenga
September 7, 2020
A Non-Medical Check Up – For Your Estate Plan
For example, did you name someone as an heir who is no longer in favor with you or—worse yet—has died? Who should get what they would have gotten? Are there now new people in your life—be they family members or not—whom you might wish to share in what you may have?
Ethan Huizenga
September 5, 2020
