The pandemic is causing us to consider a lot of things that we may not have before, even if maybe we should have. Have you thought about who would care for your children if you got sick with COVID-19? Chances of COVID-19 Infection in the Family If you are young and healthy, it might be hard to imagine that you won’t be there to care for your kids. But if the COVID-19 pandemic is showing us anything, it’s that even a healthy person can contract a serious illness that leaves th

In the first part of this series, we discussed a unique planning tool known as a Lifetime Asset Protection Trust. Here we explain the benefits of these trusts in further detail. If you’re planning to leave your children an inheritance of any amount, you likely want to do everything you can to protect what you leave behind from being lost or squandered. While most lawyers will advise you to distribute the assets you’re leaving to your kids outright at specific ages and stages,