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BENEFICIARY DESIGNATIONS: The LEAST EXPENSIVE Type of Estate Planning.
NOW, you might be too young, work too much, or just haven't had time to think about it, but there is something out there called "beneficiary designations" that you can use in lieu of a trust or will, and that will literally cost you nothing, other than half an hour of your time. Sound interesting? It should. Here's the breakdown: Beneficiary Designations go by many names: transfer on death (TOD), payable on death (POD), inheriting party, in trust for (ITF), etc. Whatev


SCHOOL OF HARD KNOCKS: Estate Planning
"5-THINGS YOU DON'T WANT TO HEAR ABOUT ESTATE PLANNING" READER WARNING: IF YOU ARE EASILY OFFENDED, OPEN-MINDED BUT ONLY WHEN IT ALIGNS WITH YOUR OPINION, AN IDEOLOGUE BUT NOT A GOOD ONE, OR THINK BAMBI'S MOM (SPOILER ALERT) SHOULDN'T HAVE BEEN KILLED IN DISNEY'S CULT CLASSIC MOVIE ABOUT LOSS AND NEW BEGINNINGS, THEN YOU SHOULD STOP READING RIGHT NOW!......................................................... FOR EVERYONE ELSE, ENJOY! Foreword: As the title suggests, this BLOG


*An LLC is ONLY half the PIE* How an LLC and Trust work together.
"You've done the work--now reap all, not just half, of the reward." A Limited Liability Company (LLC) is like the Cinderella of the corporate world. Unlike its bratty, sometimes stubborn, step-sister, the Corporation, it has humble beginnings and comes with user friendliness that makes it a popular option for all types of business owners. "Then what's the Problem?" An LLC's primary appeal is its limited liability. Within a world of ambulance chasers, slip and falls, and f
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