Posted on: May 29, 2025
A primary goal of estate planning is to provide for your loved ones financially. One way to ensure they are set up for lifelong success is with an inheritance that covers their education expenses. Higher levels of education are positively correlated with better life outcomes, including improved health, longer lifespans, and higher incomes.[1] However, education […]
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Posted on: May 26, 2025
When somebody close to us passes away, we are left with constant reminders of them. Finding meaningful ways to keep a loved one’s memory alive after they pass can help us cherish these moments. Perhaps it’s a jacket hanging in the closet that still bears the scent of their cologne, a dog-eared book on their […]
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Posted on: May 22, 2025
Americans tend to bristle when any level of the government meddles in their private lives, especially with their money. To avoid the state taking your money after death, careful planning is essential. Look no further than the famous “death and taxes” quote for a sense of how Americans feel about bureaucratic creep and the government’s […]
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Posted on: May 19, 2025
If you have created a trust that you intend to last for decades, choosing the right trustee is critical to ensuring its longevity and ultimate success. Should I choose a family member as trustee in such cases? Many ponder this question. Initially, you may think that a family member (for example, Uncle Bill to your […]
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Posted on: May 15, 2025
Farming and ranching is more than just a livelihood; it is about preserving a legacy and a way of life. Unfortunately, many farmers and ranchers fail to create a comprehensive estate plan—or any estate plan at all. There are several estate planning mistakes for ranchers to avoid in order to protect their legacy. Without a […]
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Posted on: May 12, 2025
To have a successful farm, thoughtful planning must be done every season. Your life is no different. To properly prepare for the next season in your life and the lives of your loved ones, you need a well-executed estate plan. Consider the following planning tools when crafting a foundational plan to protect yourself, your loved […]
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Posted on: May 10, 2025
Remember Clifford, the Big Red Dog? Emily Elizabeth’s tiny puppy who unexpectedly grew to the size of a house? As an elder law attorney, I’ve come to see Clifford as the perfect metaphor for the long-term care challenges many families face. When Your Tiny Puppy Becomes House-Sized Just as Emily Elizabeth never expected her small […]
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Posted on: May 8, 2025
Starting a limited liability company (LLC) is an exciting step for any entrepreneur. Whether you have a single-member or multi-member LLC, an operating agreement is one of the most crucial documents for your business. While most states do not require an LLC to have an operating agreement, it can provide significant benefits and help avoid […]
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Posted on: May 5, 2025
Starting a business is a significant life decision, but deciding when and how to sell the business may be even more consequential for small business owners. Before selling a business, the owner will likely carefully consider the timing and other important decisions: How do I get started? Is the market right? What price should I […]
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