The idea of a self-directed IRA may be appealing to those with an entrepreneurial spirit, and a dislike for traditional stock and bond based retirement options. Self-directed IRAs can be a great option, but there are some potential pitfalls and tax landmines if they are not set up, or administered correctly. What is a Self-Directed […]

If you’re planning to gift cash or property in 2023, take a look at how the changes could affect you! What is the Federal Gift Tax? The federal gift tax applies to all gifts of property, including cash gifts, by an individual during the year. This tax is usually paid by the person giving the […]

4 Essential Strategies For Protecting Your Family’s Assets You might think that only the super wealthy need to worry about asset protection planning. But the truth is that if you don’t have millions, you may be at even greater risk. For instance, if you are a multi-millionaire, a $50,000 judgment against you might not be […]

ESTATE PLANNING CHECKUP: IS YOUR ESTATE PLAN UP-TO-DATE? One of our primary goals is to educate you on the vital importance of not only preparing an estate plan, but also keeping your plan up-to-date. While you almost surely understand the importance of creating an estate plan, you may not know that keeping your plan current […]

Business Succession: You don’t want your business to die with you, right?  Alight, so if you’re a business owner and you pass away or you become disabled, either one of those, right? You need to think about succession management and you’re probably thinking, what the heck is Succession management? So, succession management means somebody is […]

These Assets are at Risk if you Die or become Disabled Alright, business owners, let’s talk about what assets are at risk when you don’t have an estate plan. You ready? Okay. Let’s talk about the assets that are personal to you, right? You’ve got your checking and savings account. You’ve got real estate, you’ve […]

Doing THIS Guarantees Probate Court and Conflict for your Family Do you want to avoid years of litigation? Here’s how to do it. Have a solid estate plan in place. I know, I know. It seems like I’m beating your head against the wall with this, but it’s really important. Here’s why. Okay? Let’s say […]

The Two BIG Reasons Real Estate ends up in Foreclosure I’m going to talk to you about the main two reasons that properties end up in foreclosure. First reason is a triggering money event, this is for example you lost your job or a recession and you couldn’t find a job that paid the similar […]

The # 1 Reason Property is Sold at Tax Deed Foreclosures https://www.youtube.com/watch?v=2AGXTGwA0Yo The number one reason that property goes to tax deed sale is debt, but this is more complex than you think. What happens is somebody owned property under their name and they didn’t had a estate plan in place, maybe they had a […]

Hablamos Español Why NOT Having an Estate Plan Hurts your Business If you think that by having your business in an LLC or corporation everything is going to be fine and you are going to avoid probated because it’s not in your name, watch now because the reality is very different. You need an estate […]