Wills and Trusts: Confused about the differences between a will and a trust? If so, you are not alone. Often people who don't understand use the terms interchangeably. But be clear, a will is not a trust. Having a basic understanding of these two important...
Should You Leave Your Timeshare in Your Trust? Timeshare in a trust. Do you own a timeshare? Over the past few decades owning a timeshare has become a popular investment. Whether you purchased it as a vehicle for a great family vacation, an occasional getaway, or to...
What is Capital Gains? This post will provide a Capital Gains 101 overview. There are many special rules that apply to how you acquire your capital assets, how long you hold them, and how different assets are treated. I am not a tax lawyer, CPA, or other tax...
Pet Trusts. As with anything in life, sometimes things don’t work out as planned. So, my belief is to always have a Plan B. When you prepare accordingly, it’s more likely you will have a successful outcome. Here are three examples of creative planning by pet owners....
Estate Planning Inventory. Estate Planning Inventory and sometimes called an Estate Planning Checklist is an essential tool. Do you have an estate plan, which may include a trust, a will, a power of attorney, and healthcare directive? When was the last time you...
Why Pet Owners Should Consider a Pet Trust. Pet trust. Creating an estate plan is about protecting what’s important to you. Most estate planning conversations focus on the spouse, the children, and in some cases the grandkids. If you are like me, a devoted parent of...
All children are a blessing. From the day they are born, you begin making plans to ensure their future. What will their interests be? What job will they have? Who will they marry? While these are common concerns for most families, this concern is heightened when that...
Artificial Intelligence is alive and well. Forget the hover cars and cities floating in space. Ex Machina has come to life and wants the right to obtain a patent. While we sit at home waiting for our Alexa’s to tell us what to do, courts wrestle with the newest...
Earlier this year, the FBI released the Internet Crime Complaint Center 2020 Internet Crime Report (the “FBI Crime Report”), which included CoVID scam statistics. The FBI assessed 791,790 complaints of suspected crimes on the Internet. This was an increase of...