Key Takeaways: Understand the basics of how premarital assets are viewed versus postmarital assets. Prenups can make sense if you have children from a previous marriage. A domestic asset protection trust can give you certain benefits of both a revocable trust and an irrevocable trust. Marriage is one of life’s biggest milestones. Unfortunately, for many …
Key Takeaways: Your ability to make smart financial decisions may start to decline sooner than you think. Have important conversations with family and trusted advisors about your wants and needs for your senior years as soon as possible Get legal documents in order and updated while you’re still considered “of sound mind.” As we age, …
Smart Money Moves to Make While You’re Still Mentally Sharp Read More »
Key Takeaways: The lack of a solid succession plan can easily result in family conflicts that hurt the company. If the decision is to keep the family enterprise in the hands of the family, then a succession plan is needed. Many owners of family businesses want to create a family dynasty involving the company. If …
Family Business Succession: An Overview for Owners and Heirs Read More »
