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Protecting Assets with a Trust vs. Limited Liability Company

To protect assets effectively, you have to store them in the right legal entity. However, that can depend on whether you’re looking to protect business assets, avoid estate taxes, or protect personal assets from legal liability while running a business.

05/11/23 • by: Larson Law Office

Estate Planning Mistakes to Avoid

It is a common misconception that only the ‘uber rich’ need an estate plan, when in actuality, everyone should have a plan.

04/18/23 • by: Larson Law Office

Estate Planning Checklist

Estate plans are made up of many parts, including wills and trusts, as well as any additional documents or information that will help beneficiaries carry out the requests of the benefactor.

03/31/23 • by: Larson Law Office

How to Transfer Business to the Next Generation

Failing to properly plan for disability, death, or the ultimate transition of a family business can lead to disastrous financial consequences for both the business and the family.

03/27/23 • by: Larson Law Office

The Benefits of a Good Estate Plan

Estate planning helps you avoid many problems. While it may take a little time and money upfront, you can avoid far worse problems later on.

02/16/23 • by: Larson Law Office

What’s More Important: Estate Plan or Trust?

Trusts and estates are the two main legal structures for transferring assets to your heirs and beneficiaries. Each works in critically different ways.

12/07/22 • by: Larson Law Office

Communication is Key in Generational Estate Planning

For most families, the estate planning process is more involved than simply naming beneficiaries. While the primary goal of estate planning is transferring assets in an orderly and tax-efficient manner, it’s just as important to focus on preserving wealth across generations.

05/10/22 • by: Larson Law Office

Can You Believe Aging Parents Grow Stubborn and They Know It?

Aging parents grow stubborn, and researchers are uncovering the reasons why.

08/02/21 • by: Larson Law Office

Here’s Why You Need an Estate Plan

No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.

07/31/21 • by: Larson Law Office

Will I Live Longer, if I Babysit the Grandchildren?

Looking for an extra incentive to spend some quality time with your grandchildren? Try telling their parents that it could extend your life.

07/13/21 • by: Larson Law Office

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Estate Planning Blog