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Are you comfortable with how your 20 year-old child might spend an inheritance if you and your spouse unexpectedly passed away? According to an article by David Dobbs in the October 2011 issue of National Geographic (“Beautiful Brains”), the human brain is in the process of development from age 12 to 25. Because of the […]

As a business owner, you may have protected your assets from liabilities by setting up a business entity such as a corporation or limited liability company. But have you protected your personal assets against other liabilities? Business owners have legal risks from business creditors. Risks include a customer who slips and falls on the owner’s

Would you want the assets you have earned during your life going to your child’s creditor or ex-spouse after your death? These are difficult subjects to acknowledge, but they can and do happen. If your inheritance goes directly to a child or loved one (e.g. through a will or trust), those funds become an asset