On behalf of Richardson & Richardson, LLLP | Aug 7, 2020 | Estate Planning
Estate planning offers you many options for preserving and distributing your assets according to your wishes. However, the success of your plan may depend on discussing the matter with your children beforehand. You may be understandably reluctant to have this...
On behalf of Richardson & Richardson, LLLP | Jul 31, 2020 | Estate Planning
Some aspects of estate planning may come into play while you are still alive. Since Americans are living longer than ever these days, careful financial planning for old age is important. A reality of old age is needing assistance with everyday living tasks like...
On behalf of Richardson & Richardson, LLLP | Jul 22, 2020 | Estate Planning
While you may think the best way to protect your farmland is to keep working it, the truth is that proper estate planning will is the key to preserving your hard work. This is especially true since farmlands run the risk of conversion after you pass away due to...
On behalf of Richardson & Richardson, LLLP | Jun 26, 2020 | Estate Planning
In most cases, tax avoidance is illegal. However, when it comes to your estate, there are loopholes you can use to minimize the value of your estate and avoid taxes. If your estate is worth less than $11.4 million as of 2019, you need not worry about estate taxes at...
On behalf of Richardson & Richardson, LLLP | Jun 24, 2020 | Estate Planning
If you plan to preserve your family business for future generations, you need a strong succession plan. Strategizing about succession can stabilize your retirement income, guide the transition when the time comes and prepare the company to weather unexpected events....
On behalf of Richardson & Richardson, LLLP | Jun 9, 2020 | Estate Planning
Those creating an estate plan have many different issues to take into consideration, from protecting their estate and minimizing taxes to figuring out which type of estate plan is best and deciding how to divide assets among beneficiaries. However, preventing conflict...
