
If you die or become incapacitated without an estate plan, your family is going to incur significant financial costs. Don't let this happen. Do you need to limit your liability to protect your personal affairs from the risks of your business? Would a different business entity provide you tax savings?
I was introduced to Ed through my company Intero Real estate Service regarding a contract issue that Ed handled swiftly, I later had Ed redo my Trust documents that were complicated for most because of my foreign investments but he handled it with no problem. Too often people put off addressing their legal matters until it is too late.
I was introduced to Ed through my company Intero Real estate Service regarding a contract issue that Ed handled swiftly, I later had Ed redo my Trust documents that were complicated for most because of my foreign investments but he handled it with no problem. Too often people put off addressing their legal matters until it is too late.
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About
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I didn't grow up aspiring to be a lawyer. My background is in business, music and technology. It wasn't until I was in my mid-thirties that I decided to enroll in law school. I was a married father of two, enjoying a successful career in the high tech sector, when I saw the far reaches of the law surrounding me in my personal and professional life.
Estate Planning
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Estate Planning is the process of planning for the transfer of your assets after your death. An estate plan also should protect your welfare during your lifetime if you become incapacitated, and determine guardianship of your minor children. Estate planning is not just for the wealthy. Every adult needs a plan of some sort.
Wills & Trusts
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A will serves two important functions when you die; 1 if your children are minors your will nominates the person you want to the court to appoint as guardian of them until they reach adulthood. 2 A will also specifies how you want your "estate" to be transferred at your death. If you pass property via your will, most likely you will need a probate.
Advanced Healthcare Directive
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A healthcare directive is like a power of attorney in that you nominate someone to be your agent and make decisions for you if you become incapacitated. However, this document allows your agent to make your medical decisions for you.
Although it is not a comfortable subject to think about, most of us have clear ideas of whether or not we want to be kept alive on artificial life support, whether we want to be resuscitated in certain circumstances, whether we want to donate our organs and tissues.An advanced healthcare directive, and some supplemental documents will make clear your desires and allow your loved ones the ability to carry out these wishes for you.
Although it is not a comfortable subject to think about, most of us have clear ideas of whether or not we want to be kept alive on artificial life support, whether we want to be resuscitated in certain circumstances, whether we want to donate our organs and tissues.An advanced healthcare directive, and some supplemental documents will make clear your desires and allow your loved ones the ability to carry out these wishes for you.
Trusts
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A Trust is a legal entity that you establish and control to hold your assets and distribute them after your passing. Assets in a living trust avoid probate because "you" don't own them, the trustee does. And the trust specifies a successor trustee to carry out your trust when you die or become incapacitated.
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