On behalf of Randy L. Williams | Nov 30, 2020 | Estate Planning
Drafting a will is always a smart idea. It serves many purposes, including designating where assets go, the guardian of young children and other vital details. There are, however, some crucial assets, details and arrangements that should not go into a will. These...
On behalf of Randy L. Williams | Nov 30, 2020 | Estate Planning
Some with large estates worry that a large inheritance can hurt rather than help loved ones. People have different attitudes about money: should it be saved, spent or used for a purpose, such as supporting a non-profit or cause? With this in mind, parents can take...
On behalf of Randy L. Williams | Nov 24, 2020 | Estate Planning
Parents often take great pains to avoid the appearance of favoritism towards individual children. This can help prevent feelings of insecurity, resentment or other issues. But preventing the appearance of favoritism can be misguided if it involves dividing a family...
On behalf of Randy L. Williams | Nov 18, 2020 | Estate Planning
Parents who remarry embark upon a big new adventure. Ideally, they will have a wonderful and fruitful marriage with the kids mixing it up like the Brady Bunch. But while a new love and an expanded family are now a fact of life, it is smart for you and your spouse to...
On behalf of Randy L. Williams | Nov 17, 2020 | Estate Planning
Many assume that drafting a will covers all a family’s estate planning needs. While a will is an integral part of the plan, experts recommend using additional estate planning tools. These can help better ensure that the estate is transferred smoothly and...
On behalf of Randy L. Williams | Sep 15, 2020 | Estate Planning
Real estate holdings may represent the biggest individual assets that you have. The people that you love may have a significant interest in maintaining their ownership or residency in the home that you currently inhabit even after your death. Complications with your...
On behalf of Randy L. Williams | Jul 17, 2020 | Estate Planning
Some people think of trusts as tools only used by the super-rich in order to keep their family members from wasting their inheritance or to avoid paying taxes. While there is no question that a trust can offer substantial benefits for wealthy individuals planning...
On behalf of Randy L. Williams | Jun 17, 2020 | Estate Planning
Estate planning requires that you address the current conditions in your family while also considering how things could potentially change in the future. One of the ways that you could create a more flexible estate plan that offers the maximum potential protection to...
On behalf of Randy L. Williams | Jun 10, 2020 | Estate Planning
When you sit down to create an estate plan or write out your last will, you will have to make a number of difficult decisions. Deciding who should get what from your estate is only the first of many difficult questions you need to answer when creating a last will or...
On behalf of Randy L. Williams | Jun 9, 2020 | Estate Planning
Whether you are the third generation of your family running a business or you started it yourself, the company probably has significant financial and emotional value to you. It is common for business owners to have strong preferences about who will inherit the...
