UPDATE: On February 17, 2025, the U.S. District Court for the Eastern District of Texas, in the case Smith vs. Dept. of the Treasury, issued a ruling reinstating the reporting requirements for the Corporate Transparency Act (“CTA”). For most companies, beneficial ownership information (“BOI”) must now be reported to the U.S. Treasury’s Financial Crimes and Enforcement Network (“FinCEN”) by March 21, 2025. READ MORE
Monthly Archives:: February 2025
Estate Planning During Divorce: Lessons from Shannen Doherty’s Legacy
Shannen Doherty’s passing in July 2024 highlights the critical importance of estate planning during divorce. Just one day before her death, she finalized her divorce, ensuring her assets were protected and distributed according to her wishes. Without this step, her estate could have been subject to community property laws, potentially leading to legal battles. Many people make estate planning mistakes during divorce, such as failing to update beneficiaries, overlooking digital assets, or neglecting incapacity planning. This blog explores key steps to safeguard your assets and ensure your wishes are honored during and after divorce. READ MORE
5 Steps to Include Digital Assets in Your Estate Plan
In today’s digital world, your online assets – bank accounts, social media, cryptocurrency, and more – are just as important as your physical property. Without proper planning, your loved ones may struggle to access or manage these assets after you’re gone. In this blog, we’ll walk you through five simple steps to include digital assets in your estate plan, ensuring they’re protected and passed on according to your wishes. Don’t leave your digital legacy to chance – learn how to safeguard it today. READ MORE
The Unexpected Challenges of Being an Estate Executor
When someone asks you to be the executor of their estate, it might seem straightforward — but the role can be more complex, time-consuming, and emotionally challenging than expected. From covering funeral costs out of pocket to handling mountains of paperwork and navigating family conflicts, executors face unexpected burdens. The good news? Thoughtful life & legacy planning can ease the process, protect your loved ones, and prevent unnecessary stress. Read the full blog to learn how to make things easier for your future executor. READ MORE
Overlooking This Basic Part of Your Estate Plan Can Be Tragic
If your loved ones don’t know how to find or access your assets when you pass away, those assets could be lost forever. This happened in the case of QuadrigaCX’s owner, whose failure to document access to his cryptocurrency left $145 million unrecoverable. From digital wallets to online banking accounts, your life & legacy plan must include a complete inventory with clear instructions. Don’t leave your family in the dark – learn how to safeguard your assets and ensure they reach the right hands. Read more on our blog. READ MORE
The Valentine’s Gift That Truly Matters
This Valentine’s Day, go beyond flowers and chocolates—give your loved ones the ultimate gift of protection and peace of mind. A Life & Legacy Plan ensures your family is cared for, your wishes are honored, and your assets are protected, no matter what happens. It’s more than just legal documents; it’s a lasting act of love that spares your family unnecessary stress and confusion. Don’t wait – take this important step today and show your loved ones how much you truly care. READ MORE
Do Your Homework to Ensure Your Kids Are Properly Cared for No Matter What Happens
As a parent, one of the most important steps you can take to protect your children is legally naming guardians in case something happens to you. Without a clear plan in place, your kids could face unnecessary court battles or even temporary placement with strangers. Our Kids Protection Plan® ensures your children are always cared for by the people you trust, with both long-term and temporary guardianship arrangements. Don’t leave your child’s future to chance – learn how to put the right protections in place today. READ MORE
Trusts & Homeowner’s Insurance: What You Need to Know So You Don’t Get a Claim Denied In the Future
Transferring your home into a trust is a smart move to protect your family and avoid probate, but many homeowners overlook a crucial step – updating their homeowner’s insurance. If your policy doesn’t reflect the trust as the legal owner, your claim could be denied when disaster strikes. In this blog, we’ll explore why aligning your insurance with your trust is essential, common mistakes to avoid, and how a well-structured Life & Legacy Plan ensures your home and loved ones are fully protected. READ MORE
How Legal Planning Helps Build a Strong Blended Family
Blended families bring love and new beginnings, but they also come with unique challenges when it comes to life and legacy planning. Without a clear plan in place, conflicts can arise between spouses and children from previous relationships, leading to unintended financial and emotional stress. A well-structured life and legacy plan ensures that your loved ones are cared for according to your wishes, preventing disputes and fostering harmony. Learn how thoughtful planning can strengthen your blended family and provide peace of mind for everyone involved. READ MORE