October 18, 2021

Estate Planning for Business Owners with Julie Eisenhower

For several years now, I’ve taught many different financial concepts and strategies. As we embark on a new series that focuses on the legal side of things, I’d like to take a slightly different approach. Rather than hearing it directly from me, I’ve decided to bring in a series of guests to explain the real-world application of each of these legal subjects. I’m doing this with the hope that it can be of value to you and your business, hearing from some of the industry’s top legal professionals. Because of the nature of these episodes, I will summarize the information right here in the blog. However, I really encourage you to take the time to listen to the podcasts to get the full scope of their expertise. Without further ado, I’m kicking this series off with an interview about estate planning for business owners with Julie Eisenhower.
October 17, 2019

Non-Qualifying Investment Accounts: How To Navigate The Options

When thinking of non-qualified investment accounts, several things come to mind. What is the purpose of the account? What’s the best way to use them? What happens to the account when I die? Some of you may even be asking, “What is a non-qualified account?” Without understanding the various types of accounts, it can seem like you’re tangled in the weeds. Well, today’s topic will make choosing a non-qualified account much simpler. By the time you’re done reading this, you’ll be highly qualified to make non-qualifying investments or at least you’ll have a better understanding of them. So join me as we make non-qualifying investments financially simple!
October 3, 2019

39 Types of Trusts: A Comprehensive List

In my last article, we delved into basic trusts. We defined what they are, and how each type is used. Well, in this follow-up article we dive into the weeds, so to speak. This article is an exhaustive list of the most common types of trusts, and will take you from A-Z, as we discuss the thirty-nine — yes, you read that correctly — types. So strap in as I make all these trust types that can be used in your financial planning, financially simple.
October 1, 2019

9 Different Types of Trusts – A Financially Simple Overview

As business owners, so much of our time and effort is poured into making our businesses successful. You plan for every possibility and eventuality, mitigating risk while maximizing value. You pour so much of yourselves into the business side of your lives, but do you take as much care with your personal effects? Think about it, if you put so much thought into protecting your business, shouldn’t you put at least as much thought into your personal lives? Over the last few weeks, I’ve discussed the importance of estate planning. As I continue digging into the topic, I’d like to take some time to understand nine different types of trusts. Trusts are a crucial part of managing your estate, so let’s take a few moments to get to know them.
September 26, 2019

4 Estate Planning Documents You Need in Addition to a Will

Most of us realize that we need a will, but there are additional estate planning documents you should also have in place. We’ll talk about four of the most common documents that make dealing with this process much simpler for the people you trust to handle your affairs when you’re gone.
July 19, 2018

A Second-to-die Life Insurance Policy Can Help Reduce Estate Taxes

If you have ever shopped for life insurance, then you know it can be quite overwhelming. There are many different options. Two of the most popular are term insurance and whole life, both of which you have likely heard of. However, today, I’m introducing you to another type of life insurance policy. The second-to-die life insurance policy is a policy that is often employed as part of an estate plan.
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