Why shouldn’t you name a minor as a life insurance beneficiary or retirement account? I’ve got to talk a young, distraught mother in a few days about that very question. Her 4 year old child’s father named the child as the beneficiary of his life insurance policy. Dad was trying to do the right thing, […]
Do you want to make your children pay more taxes than they absolutely need to? That’s just what happens when you put your children on the deed. When you put your children on the deed, you’re making a gift, a part of your ownership of the house to them. This often leads to capital gains […]
Here are 10 reasons, & a half, that estate planning is a total waste of time for you. (Warning: satire ahead) You Are Going to Live Forever Congratulations, starting today, you have been chosen to know your exact date and time Until then you will never be sick. No accidents. No incapacity. No dementia. You […]
Failing to address health care decisions No plan to control matters during incapacity No wealth transfer strategy Failure to plan for estate taxes Thinking children – minor and adult – don’t need inheritance protection Failing to transfer “Values” (ethics, incentive trusts, recorded messages) Not preserving tax deferral benefits of retirement plans Failing to organize and […]
Here is the truth, estate planning attorney fees will seem high, but you need to compare them to the cost of NOT planning before you make a decision. Below are some representative numbers for this firm. How Much Does Estate Planning Cost? How much do I save by making an estate plan? If you have […]
What is the biggest problem you and your family face without a plan? Hi. I’m Gary the owner of DeWitt Law. We’re with you every step of the way. Schedule you FREE meeting at DeWitt dot law. I want to tell you the biggest problem then how to solve it. The biggest problem isn’t taxes, […]
What are 3 mistakes that can cost a LOT of money and take away control? I’m going to cover the 3 big mistakes that can cost a lot of money and take away control. Then I’ll tell you how to fix them. Hi. I’m Gary the owner of DeWitt Law. You know you need a […]
Do Nothing Plan Put your family through the pain of probate with its gigantic legal fees, aggravations, and wasted time before they get their inheritance The State through a Judge, not you, decides who gets what, when, how, and how much In case of your incapacity, a Judge picks who is in charge, not you […]
What happens when you have a one page will? Hi. I’m Gary the owner of DeWitt Law Firm. We are with you every step of the way. Get started now by going to dewitt dot law. What’s left out can really hurt with a Will. Recently I had a client come in with his dad’s […]
This one common mistake could cost you half your house and/or half your money. This one common mistake could cost your children a hefty tax bill. I see people almost every day that have made this mistake and don’t realize the consequences. What is the mistake? Putting your children on the accounts as co-owners of […]
