Estate Planning: Your Family, Your Wealth, Your Legacy.

Archive for September, 2014

Our mortality is often very difficult for us to discuss even with the people who need to know our wishes the most.   Too often I see clients who think that estate planning means they are just dealing with who gets their stuff when they die.  Who gets what when is just one aspect of […]

Think that student loan you took out but didn’t repay was forgotten?  Think again.  There is a growing trend of octagenarians having their social security pay garnished to repay not only their student loan debt but the debt of their kids as well.  Remember when you co-signed or took out that loan for your kid’s […]

When Bad Things Happen To Good People With IRAs

by Antoinette Bone on Sep 4, 2014 Posted on Our Blog

In today’s world, many people accumulate the vast majority of their wealth in an IRA.  This is not a bad thing.  However, there are some very important rules you need to understand about how IRAs work for estate planning purposes to ensure that not only the people you want receive the funds in the IRA […]

Planning with family LLCs

by Antoinette Bone on Posted on Our Blog

If you are  a business owner and want to nurture your budding dynasty, you need to seriously consider a layered asset protection plan that includes using a Family Limited Liability Company.  In Texas, we have the benefit of  series Limited Liability Companies.  These are extremely useful asset protection tools for the business owner interested in […]

Private Annuities

by Antoinette Bone on Sep 2, 2014 Posted on Our Blog

A private annuity can be a powerful strategy for passing assets to heirs in a tax-efficient manner. It involves transferring property to children or others in exchange for their unsecured promise to make annual payments to the transferor for the rest of his or her life. This article examines both the benefits and risks of […]