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Who Would Care For Your Children If You Got Sick With COVID-19?

Lifetime Asset Protection Trusts: Airtight Asset Protection For Your Child’s Inheritance—Part 2

Lifetime Asset Protection Trusts: Airtight Asset Protection For Your Child’s Inheritance—Part 1

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Use Estate Planning to Ensure Your Legacy Doesn’t Get Erased

Use Estate Planning to Ensure Your Legacy Doesn’t Get Erased

When you think about those loved ones who’ve passed away, you probably don’t think very much—or even at all—about the “things” they’ve left you. And when they do leave something behind, what you likely cherish most about the object are the memories and feelings it evokes, not the thing itself. For the founder and CEO of New Law Business Model, Alexis Katz, the most treasured memento her late father left her wasn’t even something he intended to be special—it was just a random

Getting Legal Documents Signed During COVID -- Another Reason to Not Do It Alone

4 Ways Wise Planning Can Protect Your Family’s Assets

Protecting Your Parents From Undue Influence During Covid and Beyond

Avoid These 4 Mistakes When Naming Life Insurance Beneficiaries

Avoid These 4 Mistakes When Naming Life Insurance Beneficiaries

INVESTING in LIFE INSURANCE is a foundational part of estate PLANNING. However, when naming your POLICY'S BENEFICIARIES, there are a number of MISTAKES you can make that could lead to potentially dire CONSEQUENCES for the very people you’re trying to PROTECT and SUPPORT. The following four MISTAKES are among the most COMMON we see clients make when selecting life insurance beneficiaries. If you’ve MADE any of these ERRORS, contact us right away, so we can AMEND your policy to

Are You Clear About How Your Parents Estate Plan Will Impact You?

Are You Clear About How Your Parents Estate Plan Will Impact You?

Do your PARENTS have an estate PLAN? Is it up to DATE? No matter how RICH or POOR you or your parents are, especially in the wake of the COVID-19 pandemic, YOU need to be ASKING these and several other QUESTIONS. When your parents become INCAPACITATED or DIE, their AFFAIRS will become your RESPONSIBILITY , and it will be IMPOSSIBLE to ASK them to CLARIFY anything. So, if you do not know whether or not they have estate planning in place that will help you best support them, re

CORONAVIRUS: Impact to Your Wealth, Health and Happiness

CORONAVIRUS: Impact to Your Wealth, Health and Happiness

With four confirmed deaths in OHIO from CORONAVIRUS, the state has taken many PRECAUTIONS to keep the numbers from rising. COLLEGES including MIAMI UNIVERSITY and UNIVERSITY OF CINCINNATI have moved to online classes and suspended face-to-face instruction. Cincinnati's St. Paddy's Day Parade and the CINCINNATI RED'S Opening Day, have both been cancelled/postponed due to the coronavirus. Even huge money makers, like the NBA, have terminated their season. While it’s still hard

4 Things Trusts Can Do That Wills Can’t

4 Things Trusts Can Do That Wills Can’t

Both WILLS and TRUSTS are estate planning documents that can be used to pass your WEALTH and PROPERTY to your loved ones upon your death. However, TRUSTS come with some distinct ADVANTAGES over WILLS that you should consider when creating your plan. That said, when comparing the two planning tools, you WON'T necessarily be CHOOSING between one or the other—most plans INCLUDE both. Indeed, a will is a foundational part of every person’s estate plan, but you may want to combi

Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 2

Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 2

Earlier this week, we shared the first part of this series on the DANGERS of do-it-yourself estate planning. Here, we’ll look at how ONLINE legal DOCUMENTS can even put your MINOR CHILDREN at RISK. Given how far web-based technology has evolved, you might think online legal document services like LegalZoom® and WillsandTrusts.com have advanced to the point where they’re a suitable alternative to having your estate plan prepared by a lawyer. After all, you’ve been able to pr

Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 1

Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 1

Do a Google search for “ONLINE estate PLANNING documents,” and you’ll find dozens of different WEBSITES. From Legal Zoom® and Willing.com to Rocket Lawyer® and Willandtrust.com, these do-it-yourself (DIY) planning services might SEEM like an enticing BARGAIN. The sites let you complete and print out just about any kind of planning document you can think of—wills, trusts, healthcare directives, and/or power of attorney—in just a matter of minutes. And the documents are typic

Safeguard Your Children’s Inheritance With a Lifetime Asset Protection Trust

Safeguard Your Children’s Inheritance With a Lifetime Asset Protection Trust

LIFETIME ASSET PROTECTION TRUSTS are primarily designed to PROTECT your LOVED ONES and their INHERITANCE from much more common THREATS, such as divorce, serious debt, devastating illness, and unfortunate ACCIDENTS. At the same time, LAPTs can provide your heirs with a unique educational opportunity in which they gain valuable experience managing and growing their inheritance, while enjoying airtight asset protection. To demonstrate how LAPTs can provide protection to famil

False Security: Is Your Will Legally Valid?

False Security: Is Your Will Legally Valid?

A last will and testament can ensure your wishes are respected when you die. But, if your will isn’t legally valid, those wishes might not actually be carried out and instead the laws of “intestate succession” would apply meaning that the state decides who gets your stuff, and it’s very likely not to be who you would choose. If you’ve created a will online, we congratulate you for doing SOMETHING, but we strongly recommend that you have it reviewed and make sure it does what

Kobe Bryant’s Untimely Death Highlights the Vital Need for Estate Planning at All Ages

Kobe Bryant’s Untimely Death Highlights the Vital Need for Estate Planning at All Ages

As you already know, on January 26, 2020, basketball legend Kobe Bryant was killed in a helicopter crash on a wooded hillside 30 miles north of Los Angeles. Also killed in the tragic accident was his 13-year-old daughter Gianna, and seven other passengers, who were friends and colleagues of Kobe and his family. The exact cause of the crash remains under investigation. The 41-year-old former Los Angeles Laker was flying to Mamba Sports Academy, a youth sports center Kobe found

The SECURE Act’s Impact On Estate and Retirement Planning—Part 2

The SECURE Act’s Impact On Estate and Retirement Planning—Part 2

In the first part of this series, we discussed the potential ramifications the SECURE ACT has for your estate and retirement planning. Here, we’ll look more deeply into additional strategies you may want to consider in light of the new legislation. https://www.kruglerlaw.com/single-post/2020/01/21/The-SECURE-ActE28099s-Impact-On-Estate-and-Retirement-Planning-Part-1 On January 1, 2020, the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) went into effect

The SECURE Act’s Impact On Estate and Retirement Planning—Part 1

The SECURE Act’s Impact On Estate and Retirement Planning—Part 1

On January 1, 2020, the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) went into effect, and it represents the most significant retirement-planning legislation in decades. Indeed, the changes ushered in by the SECURE Act have dramatic implications for both your retirement and estate planning strategies—and not all of them are positive. While the law includes many taxpayer-friendly measures to boost your ability to save for retirement, it also contains

Lifetime Asset Protection Trusts: Airtight Asset Protection For Your Child’s Inheritance—Part 2

Lifetime Asset Protection Trusts: Airtight Asset Protection For Your Child’s Inheritance—Part 1

Many Things to Be Thankful For...Starting with You!

Many Things to Be Thankful For...Starting with You!

Thanksgiving is upon us and, here at Krugler Law, we have so many things to be thankful for…starting with our clients! THANK YOU for an amazing year of growth and prosperity. Three years ago when I started this practice, I wanted to add value to my family’s lives and to give back to the community around me. Although very busy with continuing to build and scale my practice, I find time to give back to my community in multiple ways including working as a guardian ad litem and

Use Estate Planning to Avoid Adult Guardianship—and Elder Abuse: Part 2

Use Estate Planning to Avoid Adult Guardianship—and Elder Abuse

Use Estate Planning to Avoid Adult Guardianship—and Elder Abuse

Elder abuse can take a wide variety of forms, but we think the worst of the worst is caused by unscrupulous adult guardians appointed by a court to care for seniors who are no longer able to care for themselves. And though you may not want to believe such a thing could happen, you need to know that without the right planning in place, even the seniors in your own family could be at risk. In fact, there are currently 1.5 million American adults under guardianship, with an esti

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