Article, Estate Planning, wealth preservation
Here is a tasty estate planning recipe to consider: INGREDIENTS: 1 Cup Appreciated assets (rental or vacation property, or appreciated stock are good choices). 1 Charitable Remainder Trust. Can be for a single person or married couple. Can be a Uni-Trust or an Annuity...
Article, Civil Litigation, Estate Planning, wealth preservation
PROTECTING MY LIFE’S WORK: CHOOSING THE PROPER FORM OF BUSINESS ENTITY “I’m a business owner (or soon to be one) what type of entity should I choose?” At McDowall Cotter, we make two classi cations: “non-asset protection” and “asset protection” entities. General...
Article, Civil Litigation, Estate Planning, wealth preservation
I was asked by a “friend” about her step mother staying in her dad’s home after dad died. He had written a trust and in it he granted her a “life estate.” According to the terms of the trust, she was “entitled to remain and reside within our residence at 1122Boogie...
Article, Estate Planning, wealth preservation
A WILL OR A TRUST – THAT IS THE QUESTION When a couple with young children approach estate planning for the rst time, the rst hurdle in the planning process is to determine what type of estate plan to use: one that is based on a Will or one that is based on a...
Article, Blog, Estate Planning
A trust is a legal contract created by the trust maker. You, the trustee, are overseeing and properly managing the assets in the trust. The assets in the trust are then given to the beneficiaries. The following tips are gathered from What to do When a Loved one...
