Absolutely! Your business may be your most valuable asset. Many advisors kind of forget about the business when they are putting a living trust in place for a client. If the business isn’t “owned” by the living trust it will be in the probate estate after you die. Probating a business is really bad. The […]
Question: Do you recommend a different Trust for each individual property I own? K. Hoover Answer: Holding properties in separate legal entities is a good idea for asset protection purposes. A misguided scenario I see too often is to hold them in various land trusts. It doesn’t matter who the beneficiaries of the land trusts […]
It is on the news, in the papers and on the internet. The whole world knows that Elizabeth Edwards, who died last month after a battle with breast cancer, made no mention of estranged husband John Edwards in her will.