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Business formation December 11, 2013

Corporate Estate Planning

Moving your estate into a Limited Liability Company, also known as an LLC, is very beneficially when utilizing Nevada, in large part because you can pass your estate to your family without probate and attorney’s costs by using a NV LLC. Most approaches to family estate planning are legitimate and effective ways of preserving family […]

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Legal December 4, 2013

Defined Benefit Plan

Putting corporate income into a retirement plan can offer you immediate tax savings, as well as long term benefits. One of the most beneficial retirement plans is a defined benefit plan, especially for individuals who want to retire within 7 to 15 years and have significant dollars to contribute. Compared to other plans established, the […]

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Legal October 22, 2012

Reducing Your Estate Tax

An Irrevocable Life Insurance Trust (ILIT) is a special trust that allows for the possible exclusion of life insurance proceeds from the estate tax. Such an irrevocable life insurance trust, by definition, is unchangeable – a key drawback of its establishment. Yet an ILIT’s potential enormous estate tax savings, particularly for those with large life […]

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Legal October 8, 2012

Common Estate Planning Mistakes

Estate planning is the process of anticipating and arranging for the disposal of an estate. While it can be very difficult to discuss this topic, it is something that must be planned so that your wishes can be fulfilled after your passing. As you begin planning your estate, you will want to avoid some common […]

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Legal October 1, 2012

Protecting Your Family

One of the most basic concepts for protecting your family is by having a living trust. A living trust is a written legal document through which your assets are placed into a trust for your benefit during your lifetime and then transferred to your designated beneficiaries upon your death. Your living trust needs to include […]

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