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Personal planning starts by creating an estate plan. No one lives forever, and those who prepare ahead can not only protect their assets for the future, but set up systems to effectively use, protect, and grow their value NOW. Effective planning isn’t hard, but it requires an understanding of the many tools of wealth that are available to everyone, not just lawyers and the super wealthy. The funny thing is, when you understand the tools of wealth, you can leverage what you do and make even more money. You’ll never meet a wealthy person who doesn’t use these tools. The more skilled you are at using the tools, the more wealth and security you’ll have.
Personal Planning Advice and Helps Links:
Asset Protection https://www.legalees.com/business-planning/asset-protection/
Estate Planning Basics https://www.legalees.com/personal-planning/estate-planning-basics/
Asset Protection LLCs https://legalees.com/membership/llc-wizard/the-flexible-asset-protection-llc/
Family Limited Partnerships https://www.legalees.com/family-limited-partnership/
Inheritance and Estate Planning https://www.legalees.com/inheritance-estate-planning/
Inheritance Tax and Estate tax Laws https://www.legalees.com/personal-planning/inheritance-tax-and-estate-tax-laws-today-and-tomorrow/
Four Pillars of a Basic Estate Plan:
https://www.legalees.com/basic-estate-plan/
Will
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- How to Write a Will https://www.legalees.com/how-to-write-a-will/
- Probate of a Will https://www.legalees.com/learn/articles/probate-of-a-will/
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- What is a Trust? https://www.legalees.com/what-is-a-trust/
- Funding a Living Revocable Trust Avoids Probate https://www.legalees.com/living-revocable-trust-avoids-probate/
- How to Change a Trust https://www.legalees.com/change-trust/
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- Living Will aka Health Care Directive https://www.legalees.com/living-will-advance-health-care-directive/
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- Duties of a Personal Representative https://www.legalees.com/duties-successor-trusteepersonal-representative/
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Durable Power of Attorney
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Living Will
Living Revocable Trust
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