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Business Succession Planning

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   Krispy Kreme and Wal-Mart have a lot in common.  Die-hard fans line up in front of their locked doors the night before grand openings, licking their lips for a puffed up glazed doughnut or a bargain that can set the neighbors talking over the fences.  But what do these two incredibly successful businesses and the families that started them have that sets them apart? Sam Walton, founder of … [Read more...] about Business Succession Planning

What is an ILIT (Irrevocable Life Insurance Trust) and why would you want one?

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If you own life insurance, congratulations!  Sadly, most of us put off this critical element in our family’s financial planning, which may have devastating consequences on the loved one left behind. You probably know why life insurance is so important.  Young families need it to replace part of the breadwinner’s income.  Mature Americans find it provides their heirs with a source of funds to … [Read more...] about What is an ILIT (Irrevocable Life Insurance Trust) and why would you want one?

Your Estate Matters airs today – don’t forget to tune in….

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Don't forget to tune in today to WNAV Radio on 1430 AM or 99.9 FM @ 3:50 pm to listen to "Your Estate Matters" with Attorney Nicole Livingston   The topic is "What is an ILIT (Irrevocable Life Insurance Trust) and why would you want one?" … [Read more...] about Your Estate Matters airs today – don’t forget to tune in….

Your Estate Matters – You won't want to miss the broadcast today!

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Don't forget to tune in today to WNAV Radio on 1430 AM or 99.9 FM @ 3:50 pm to listen to "Your Estate Matters" with Attorney Paula M. Mattson-Sarli.   The topic is "Probating My Father's Estate". … [Read more...] about Your Estate Matters – You won't want to miss the broadcast today!

Top Ten Reasons You Need to Review Your Estate Plan

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1)      Marriage.   Marriage can automatically give each spouse some rights in each other’s property.  However, marriage does not automatically change your will or trust to provide for the new spouse.  It is important to examine your estate plan in light of the new situation and your mutual and separate goals.   2)      Divorce.  Divorce is particularly disruptive to an estate plan.  Goals … [Read more...] about Top Ten Reasons You Need to Review Your Estate Plan