A lot of estate planning attorneys think that assets should be kept in trust for the adult children for their lifetime and not paid out right upon the death of the parent. You can do that and still give the adult children control of their share. A risk to the adult children that is out... [Read More]
The Differences between Wills and Trusts…
What is a Will? A Will is only effective when you pass on. It forces you into probate court. It is public record showing who inherits, how they inherit, and how much. The Administrative Office of the Courts tell us that the average administrative time is between 18 and 24 months from the time the... [Read More]
When the Last One Goes…
You can avoid probate court if your estate plan is well designed and current. When you pass on, when your spouse passes on or your loved one, parent, et cetera, pass on that is when we look at the questions of: ‘Where is the estate plan? Is it a valid legal enforceable estate plan? Are... [Read More]
They are gone…
If someone has died, what do we do next? There is a comedy play called Daddy Died, Who Has the Will?, which is a chaotic comedy of everyone scrambling around, trying to find the Will and find out what daddy owned. You want to avoid that. You can have a well done estate plan prepared... [Read More]
I can’t remember
NOTE: This is an excerpt from the book, The Legacy You Leave, by Steven Andrew Jackson, Esq. You can buy the book on Amazon or Kindle. Click here for details. They say we are statistically six to nine times more likely to become mentally incapacitated in a given year than to die. I have worked... [Read More]
Who is in control?
NOTE: This is an excerpt from the book, The Legacy You Leave, by Steven Andrew Jackson, Esq. You can buy the book on Amazon or Kindle. Click here for details. We want to remain in control of our lives and our affairs as long as we can mentally and physically. We have achieved whatever we... [Read More]
FAQ: Is Government the Answer?
NOTE: This is an excerpt from the book, The Legacy You Leave, by Steven Andrew Jackson, Esq. You can buy the book on Amazon or Kindle. Click here for details. Is government the answer? We all laugh when someone says, “I’m from the government, and I’m here to help,” which is not a good sign.... [Read More]
Why do I do estate planning?
Why do I do Estate Planning? NOTE: This is an excerpt from the book, The Legacy You Leave, by Steven Andrew Jackson, Esq. You can buy the book on Amazon or Kindle. Click here for details. As an estate planning attorney, I want to make a difference in the lives of others. I want to... [Read More]
September 18: CE Class – “Blended Families – When 55 & Up Remarry”
Estate Planning attorney, Steven Andrew Jackson, will teach a one hour Continuing Education class on “Blended Families – When 55 & Up Remarry.” Date: Wednesday, September 18, 2019 Time: 8am to 9am Location: The Biltmore Building, One North Pack Square, Asheville CE: Approved for 1 Hour Education by the North Carolina Department of Insurance. About:... [Read More]
Why do Estate Planning?
Put quite simply, Why should one do Estate Planning? You do Estate Planning because you love someone. You want part of your legacy to endure. You don’t like giving away your hard-earned money to the government or to people you don’t know. You want to make a difference in the life of someone else or... [Read More]