We all have an idea of what we would like to happen to our assets after we are gone. We want them to help our children and grandchildren have a better life. Perhaps we want them to help our community. Often, people focus on the current situation of their assets and beneficiaries, without taking into consideration that their wishes may not be implemented for many years to come. For example, let’s say you want to leave your assets to your two children, Mary and Johnny, who are now in their … [Read more...] about Planning for Unforeseen Circumstances
What’s Important in Your Life?
Facing difficulties in life sharpens our focus. When tragedy strikes, we recognize what’s important in our lives: Our family, our friends, and our values. Henry Wadsworth Longfellow, the famous 19th century American poet, said “Into each life some rain must fall.” We have all had “rain” in our lives. Our tragedies typically are quite personal: the death of someone close to us, a life-threatening illness, or a violent crime. Sometimes our tragedies are shared by countless others: … [Read more...] about What’s Important in Your Life?
The Prime of Life
Compliments of the McGee Law Firm, Attorney Brandon McGee Nobody expects the unexpected. That truism was very apparent in Heath Ledger’s death on January 28, 2008. The 28 year old actor died of an accidental overdose from the interaction of prescription medications. Heath perhaps was best known for his Academy Award-nominated role in the 2005 film “Brokeback Mountain.” Heath Ledger died with a Will prepared in 2003 which left everything to his parents and siblings. After the preparation … [Read more...] about The Prime of Life
What Successful People Do
Compliments of the McGee Law Firm, Attorney Brandon McGee Bill Gates, Warren Buffet, and J.R. Simplot are names which have become synonymous with success. Bill Gates founded Microsoft Corporation and became a multi-billionaire at a very young age. Warren Buffet is known as the “Oracle of Omaha” and is known for his value-based approach to investing, which has turned his Berkshire Hathaway into a dominant force. J.R. Simplot pioneered the frozen french fry, was the provider for McDonald’s … [Read more...] about What Successful People Do
Caring for Your Spouse….Even After You’re Gone
Compliments of the McGee Law Firm, Attorney Brandon McGee Your spouse has been there with you through thick and thin. They have been your rock, the foundation upon which you’ve built your life. Your spouse has probably been your friend, confidant, and true partner. If your spouse is ailing now, there are ways that you can protect them, even after you are gone. Let’s say your spouse has a slowly degenerative disease, like Alzheimer’s disease. Hopefully, their illness may be kept at bay. … [Read more...] about Caring for Your Spouse….Even After You’re Gone
When Time Is Short
Compliments of the McGee Law Firm, Attorney Brandon McGee As you drive your mom to her regular doctor appointment, you think of everything you need to do: Drop off Bobby at soccer, pick up Sally from softball, pick up groceries, make dinner, etc. It seems the list is endless. You wonder how your mom had time to do it all and still have time to be so loving. After flipping through old magazines in the doctor’s office, you go in with your mom for her appointment. Your mom had some … [Read more...] about When Time Is Short
When a Loved One Passes
Compliments of the McGee Law Firm, Attorney Brandon McGee Change can be very difficult at times. A death in the family can be especially traumatic. It may feel as though the world should stop to mourn your loss, but it does not. The world still turns, day still follows night, buses and subways still run. Yet, for the family who has experienced the loss, the world may have been turned upside down. Just when grief strikes, the family has additional burdens to bear. It is helpful to have a … [Read more...] about When a Loved One Passes
Asset Protection as a Business Owner
Are you a small business owner? How about an entrepreneur? Are you ready to leave the corporate world behind to take control of your own destiny? There are few things in life more rewarding than starting a business. Not only does it give you personal freedom, but it also puts you in a position to control your financial future. From day one, it’s important that you consider the steps you can take to protect your business. Should you neglect to do so, it could result in trouble down the road — … [Read more...] about Asset Protection as a Business Owner
The Impact of Dying Without an Estate Plan
Compliments of the McGee Law Firm, Attorney Brandon McGee Most of us expect that tomorrow will be another day like any other. But, as Euripides said, “no one can confidently say that he will still be living tomorrow.” In fact thousands of people die in the United States every single day. Some of them die of long-term illnesses. But, many of them die unexpectedly from accidents, heart attacks, and other tragedies. Let’s look at what would happen if you died without planning in advance. … [Read more...] about The Impact of Dying Without an Estate Plan
Asset Protection for Business Owners: Consider the Following
As a business owner (or someone who wants to take an entrepreneurial path), it’s critical that you understand the many ways to protect your organization and the assets associated with it. Asset protection for business owners often goes overlooked. You have so much on your plate that you forget to take the necessary steps. Fortunately, it’s never too late to get started. Here are some of the many methods of asset protection you should consider: Buy-sell agreement: With a family … [Read more...] about Asset Protection for Business Owners: Consider the Following
