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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?
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
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
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
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
Second part in the two part series in how you can protect your child's inheritance.
Lifetime Asset Protection Trusts: Airtight Asset Protection For Your Child’s Inheritance—Part 1
How as a parent, you're likely wanting to leave your children an inheritance. Here are some ways to protect their inheritance.
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
How to use estate planning to avoid adult guardianship.
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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