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Articles Posted in Asset Protection

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Change in Lifestyle? Change Your Beneficiaries, Too!

Naming a beneficiary for your IRA, 401(k) or any other retirement plan and then making sure that the name is right as you go through the many stages of life could be one of the most important financial decisions you make, according to The (Crystal Lake, IL) Northwest Herald in…

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Nevada TV Investigation Leads to Clark Co. Guardianship Reform

Much needed changes are underway at the Clark County Nevada Guardianship program, after a local television reporter uncovered major lack of oversight, including families torn apart and financial abuse by the individuals charged with protecting the elderly. According to a follow-up report by KTNV News, "More staff means more oversight…

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The Countdown to 2016 is On!

New Year's resolutions are a favorite tradition.  But have you taken care of your  end-of-year tasks concerning your finances.  There's still time to finish off your 2015 list! US News reminds us in "6 Financial Tasks You Need to Complete Before the End of the Year" that there are several…

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NFL Players Now Have Support Network to Ease into Civilian Life

The transition from pro football to civilian life is easier for NFL players who can get assistance from a comprehensive support program created by the NFL and the NFL Players Association. The program recognizes the challenges facing retired football players as they shift to life without football. Many have no…

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Retirement Planning Should Be Main Goal in 2016

uilding a nest egg is an important goal for Americans, yet most Americans lag behind in their retirement planning goals.  Many families are still recovering from economic downturns, and saving is a struggle, even for people who are over 50 and know they should do more. There are certain tax…

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TV Crime Boss Not Wise Guy About Estate Planning

The irrevocable charitable lead trust is a trust that cannot be amended, revised or cancelled. We would call that bullet-proof, and it would have been a good idea for preventing James Gandolfini's estate from being "whacked" by estate taxes. The financial website thestreet.com took a closer look at this powerful…

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Take Time After Receiving an Inheritance Before Investing

If you inherit a portfolio or a large amount of money, proceed with caution, according to "What to Do When You Get an Inheritance," in US News & World Report. Every situation is different, but a few basics need to be kept in mind for heirs who are thinking about…

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Determining Value of a Property Partnership Can be Fair

Ending a property partnership is often a lot like getting divorced. Most splits are the result of an irrevocable break in the personal relationship of the partners, the investment becoming a cash drain, or siblings who inherited property together and now want to sell. In a perfect world, property partnerships…

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Is Your Estate Plan In Place?

Perhaps the biggest reason to have an estate plan is to decide who will raise and care for your children if you and your spouse should both pass away. An experienced estate attorney who is knowledgeable about guardian ship laws in your state can help you make a plan, as…

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Art Collections Can be Estate Tax Burden for Houston Families

Americans love collections and homes across the country boast music collections, rock collections, sea shell collections and the list goes on.  Often, these personal collections hold a great deal of sentimental value while their market value is nil.  Typically, favored items are passed on to the family members who will…

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