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Trusts

January 31, 2019

How A Living Trust Helps Your Family

There are several parts to an estate plan, one of them being a living trust. Common factors that prompt someone to create a trust include privacy, tax benefits, avoiding probate, and caring for family members with special needs. Estate planning also lets you dictate how your assets will pass on to future generations after your […]

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Business Planning, Estate Planning & Asset Protection

January 29, 2019

Small Business Owner? Know What Can Happen to Your Business If You Become Incapacitated or Pass Away

Preparing your company for your incapacity or death is vital to the survival of the enterprise. Otherwise, your business will be disrupted, harming your customers, employees, vendors, and ultimately, your family. For this reason, proactive financial planning — including your business and your estate plan — is key. Below are some tips on how to […]

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Estate Planning & Asset Protection

January 24, 2019

Do your parents have an estate plan?

If you find yourself in the “sandwich generation” (someone who is caring for both your children as well as your parents simultaneously), you need to know whether or not your parents have put together an estate plan. While it is still your parent’s choice to make estate planning decisions, having a plan — no matter […]

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Estate Planning & Asset Protection

January 22, 2019

‘Till Death Do Us Part, Too: Estate Planning Tips for Commitment Without Marriage

Advice columnist Ann Landers once observed that “love is friendship that has caught fire.” If that’s true, there are thousands of ways for that blaze to unfold. For many Americans, such devotion and passion do not need to be neatly formalized as marriage.  In fact, our cultural norms are shifting, and quickly. Consider the following:  […]

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Estate Planning & Asset Protection, Trusts, Wills

January 18, 2019

3 Celebrity Probate Disasters and Tragic Lessons

With extreme wealth accumulated, one would assume that celebrities would take steps to protect their estates. But think again: Some of the world’s richest and most famous people enter the pearly gates with no estate plan in place, while others have made estate planning mistakes that tied their fortunes and heirs up for years in […]

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Business Planning, Estate Planning & Asset Protection, Trusts

January 14, 2019

Billionaire J.B. Pritzker’s ‘blind trust’ is not totally blind. Here’s why.

Billionaire J.B. Pritzker on Thursday promised to shift some of his immense wealth into a blind trust to avoid conflicts of interest, but it’s unclear whether he will be able to fully wall off his fortune from his official duties as Illinois governor.

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Uncategorized

January 12, 2019

Durable Power of Attorney

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Estate Planning & Asset Protection, Tax Season

January 11, 2019

Gift Giving the Tax-Free Way

Although it’s the season of giving, no one wants to share with the IRS. Luckily, the law provides you many opportunities to give gifts to family, friends, and charities tax-free.  Some are straightforward, while others may require the help of a professional.

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Uncategorized

January 4, 2019

Free LLC Playbook

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Uncategorized

January 1, 2019

Guardian for Minor Children

Please download your free document above. This document has been provided courtesy of Shann M. Chaudhry, Attorney at Law PLLC and is tended for informational purposes only. The use of this document does not constitute an attorney-client relationship and should not be taken as legal advice. Please consult an expert for accuracy prior to use.

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