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Blogs


Latest Blog Posts

Getting Remarried: Why Prenup Shouldn't Be a Dirty Word

Posted on: September 19th, 2017
Many people have negative feelings about prenuptial agreements. Unfortunately, those negative perceptions prevent a lot of people, who could be helped by this legal tool, to miss out on the benefits they can deliver....

Do Not Confuse a Trustee With a Care Manager

Posted on: June 5th, 2017
Often special needs trustees are involved in many aspects of a beneficiary's life. This level of involvement can be confusing for beneficiaries and their families who may be under the impression that trustees can make decisions regarding ALL aspects of life....

Is Medicaid Planning for Everybody?

Posted on: May 15th, 2017
Before families ask if they have too many assets for Medicaid Planning, they should consider two other important questions....

4 Important Reasons Small Business Owners Need to Plan

Posted on: April 18th, 2017
It is critical that small business owners take the time to plan, so if the unexpected happens their family and their business interests are taken care of....

7 Key Areas to Know if Your Plan Needs Updating

Posted on: March 1st, 2017
Estate planning is a process. It is not a one-time event. As your life and the law change, so should your plan....

You're the General Manager When it Comes to Creating a Championship Plan

Posted on: February 15th, 2017
Effective estate planning isn't a one time event. In order to have the most effective plan possible, we need to take note of what has changed in our lives since our plan was last drafted. We also need to be aware of what is changing around us with regards to the law....

Reduce Confusion By Organizing Your Estate Plan

Posted on: January 25th, 2017
Estate planning can be confusing and overwhelming. Cut down on the confusion with this checklist for getting your plan organized....

The Interesting Results of a Powerful Survey on Estate Planning

Posted on: January 16th, 2017
WealthCounsel's inaugural survey on estate planning helped highlight significant gaps in what people think they know about estate planning and what is actually true about estate planning....

Why is an operating agreement important for my LLC?

Posted on: November 30th, 2016
Depending on your type of business, there are practical reasons that an operating agreement may be helpful, even if they aren't required by your state's business formation laws....

9 Practical Things Every Operating Agreement Should Have

Posted on: November 22nd, 2016
There are 9 important considerations that should be included in any operating agreement....

4 Reasons to Consider a Trust for Your Estate Planning Needs

Posted on: October 26th, 2016
Non-financial reasons are some of the most compelling reasons to consider planning through a trust....

12 Things to Consider Before Creating a Plan

Posted on: September 20th, 2016
Thinking through these 12 things before coming to the drafting meeting with your attorney, will help your estate plan work more smoothly....

How to Create a Memorandum of Intent

Posted on: June 30th, 2016
Creating a Memorandum of Intent for a child with special needs is vitally important to preserving their way of life if you should pass away. Important preferences about their life, abilities, living situation, work situation, etc. can be conveyed in the letter to help future guardians or trustees make this difficult transition a little easier....

How Will I Pay for Long-term Care?

Posted on: May 23rd, 2016
How do people pay for long-term care when it's so expensive? There are generally 5 ways to pay for long-term care: private pay, Medicare, long-term care insurance, Veterans benefits and Medicaid. Several of these benefit from careful planning with a professional....

Why You Need More Than a Will

Posted on: May 17th, 2016
Due to the increasing costs of aging in America, a Will is no longer an adequate estate plan (because a Will only does its job once you are gone). Everyone should consider a Life Care Plan - a strategy to help mitigate the devastating costs of long-term care....

Guide to Special Needs Planning

Posted on: May 4th, 2016
The basics of planning for a loved one with special needs - what you need to know, what tools are available to help....

Passing the Retirement Nest Egg to the Next Generation

Posted on: April 27th, 2016
It's important for those approaching retirement to understand their planning options, including Retirement Trusts....

Large Retirement Account? How to Avoid the Pending Income Blitz

Posted on: April 20th, 2016
Because so much retirement income comes from 401(k)s these days, there is often a surprise waiting for those with large retirement accounts once required minimum distributions kick in....

An Update on ABLE Accounts

Posted on: April 6th, 2016
On December 19, 2014, the Achieving a Better Life Experience Act (ABLE Act of 2014) was signed into law. This allows those with disabilities to create tax-free savings accounts....

The Most Important Planning Tool for Special Needs Families

Posted on: February 16th, 2016
Special Needs Trusts are the foundation of an effective special needs plan. There are three types of Special Needs Trusts that can be used by families to care for their loved ones with special needs....

5 Planning Tips for Special Needs Families

Posted on: February 2nd, 2016
Special needs families face unique planning challenges with serious consequences for inadequate planning. Here are 5 special needs planning tips that every family should know about....

This Story Has Stuck With Me for Years

Posted on: December 14th, 2015
Some stories just stay with you... this one always reminds me (Jerry) of why I do what I do....

Forever in Their Hearts: Preserve Your Family Legacy Now

Posted on: December 8th, 2015
There nearly always comes a time after losing a loved one that we wish for just one more chance to ask a few questions. Here are 10 questions to get you started on preserving your legacy......

Medicaid Planning: Should I Give It Away or Put It In a Trust?

Posted on: November 17th, 2015
Many people give away assets as a strategy for Medicaid Planning, but there are 8 key benefits we think they miss by not considering an irrevocable trust....

7 Things to Consider When Planning For and Preserving the Family Farm

Posted on: November 11th, 2015
The family farm is a sacred asset for many Midwest families. The heritage and legacy of these families started on farms, and there are deep roots tied to the preservation of the land. Read on for 7 things to consider when planning for and preserving the family farm......

Do I Need a Retirement Trust?

Posted on: October 14th, 2015
Retirement assets like IRAs and 401ks need special consideration when it comes to your estate plan. Retirement trusts can help....

The 2nd Greatest Threat to Your Estate Plan

Posted on: October 13th, 2015
You could create the best estate plan ever, but if it is not properly funded, then it won't be successful....

2012 Resolutions

Posted on: February 22nd, 2012
As 2012 approaches it's time again for New Year's resolutions. According to Forbes, there are 12 resolutions we should all make ' and 'plan your estate' is number two....