by ILMLaw | Aug 15, 2012 | Asset Protection, Estate Planning
You may think that trusts and estate plans are only for the wealthy, but if you own real estate (including the home you live in) then your family could benefit from the protection and direction a revocable living trust provides. When it comes to real estate, a...
by ILMLaw | Jul 2, 2012 | Asset Protection, News and Events, Retirement Planning
Do you know how much your 401(k) is costing you? Are you sure? What most people don’t know is that many employees with “free” retirement plans through an employer actually pay a number of hidden fees. According to a recent article in the Huffington Post, “71 percent...
by ILMLaw | Jan 4, 2012 | Asset Protection
Before we move away from the topic of New Year’s resolutions, there’s one more New Year’s Resolution we’d like to address—that of taking control of your destiny and starting your own business. The desire to move away from corporate America and work for oneself is not...
by ILMLaw | Oct 3, 2011 | Asset Protection, Estate Planning, Trust Administration
If you are looking for a reliable way to leave financial gifts to family members you may find that a Crummey trust is the right estate planning strategy for your family. A recent article in the Wall Street Journal explains that “Crummey trusts are used in many...
by ILMLaw | Jun 22, 2011 | Asset Protection
When it comes to chores many families are not so different from businesses, with members tending to “specialize” in something they enjoy or are good at. Certain chores will often become the domain of one family member or another, lessening the daily burden all around....
by ILMLaw | Apr 4, 2011 | Asset Protection, Current Events
It’s all over the news lately that Prince William and his fiancé Kate Middleton will likely not sign a prenuptial agreement before the royal wedding on April 29th. Although many reasons have been given as to why the couple will forgo signing a prenup, one of the...
