by Jerome Porter | Jun 24, 2022 | Estate Planning
Structure-wise, a limited liability company (LLC) lies between a partnership and a corporation. Most small business owners are aware this hybrid legal entity is beneficial for financial management, yet an LLC is also a powerful estate planning tool for much the same...
by Jerome Porter | Jun 3, 2022 | Estate Planning
When you pass away, your loved ones should not have to inherit assets only to realize they can’t access them to pay for the expenses they will be responsible for afterward. Most retirees’ assets are in homeownership and retirement accounts, requiring a sale to...
by Jerome Porter | May 6, 2022 | Estate Planning
Widows and divorce are common among older Americans (in record numbers), spurring new partnerships. The US Census Bureau reports that more than half of all older adults have only married once, opting to stay legally single in their future relationships. Cohabitating...
by Jerome Porter | Sep 24, 2021 | Estate Planning
Protection of your children’s and grandchildren’s inheritance from creditors can be accomplished through estate planning. A simple way to achieve inheritance protection is through a trust. A trust can pass your wealth bypassing probate. This allows specific trust...
