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Pros and Cons of a Limited Liability Company (LLC)
Estate Planning

Pros and Cons of a Limited Liability Company (LLC)

msmyers
May 19, 2017

Forming a business as a Limited Liability Company (LLC) is a popular option among business owners, and for many good reasons. LLCs combine some of the best elements of corporations, partnerships, and sole proprietorship, including providing some of the same protection a corporation offers. However, it’s important to understand both…

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Frequently Asked Questions: Trusts For Children
Estate Planning

Frequently Asked Questions: Trusts For Children

msmyers
May 18, 2017

In the same way that guardians are put in place to provide for the care and raising of minor children, trusts are put into place to provide for the financial needs of minors, as administered by a trustee. Until minors turn 18, they can’t hold assets, so you will need…

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Guardians 101
Estate Planning

Guardians 101

msmyers
May 17, 2017

For parents of minor children, choosing a guardian for their dependentsĀ is possibly the biggest estate planning decisionĀ to make. Here are some things to consider when making this choice: Who will do the next best job in raising your kids if you can’t be there? Do they know what’s important to…

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Attention Prior Estate Planning Clients: Do You Know Where Your Will Is?
Estate Planning

Attention Prior Estate Planning Clients: Do You Know Where Your Will Is?

msmyers
May 16, 2017

Better yet, does your executor know where your will is? Once your estate planning documents are complete, safekeeping is the next important step. It is vital that your executor and/or your family members know where to locate these document originals. We can help! As part of your permanent file, we…

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Do I Need a Medical Directive?
Estate Planning

Do I Need a Medical Directive?

msmyers
May 2, 2017

Medical directives are a vital part of your estate plan and can make life much easier for your family members in the event of your incapacity. Recent studies show that more and more 30-40 year-olds are putting these documents into place so that their wishes are known. Still, 64 percent…

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