April 25, 2016

Everyone needs an estate plan, and not making one leaves the serious possibility that your affairs will not be handled in the way you want them to be, nor your goods distributed as you wish them to be, in the event you are incapacitated or you die. If you have spent most of your adult life working hard and building wealth, then it is important to preserve that wealth; not only for your own enjoyment but also for future generat...

April 19, 2016

There is an old saying that there are only two things you can be sure of in life; death and taxes. Since you know very early on that someday you will die, it is important to make an estate plan before you die. The level of planning done in advance will dictate what happens afterwards. For example, if you set up a proper revocable trust, then you can avoid probate entirely. It is important to plan well and organize things while...

April 12, 2016

Iowa Gun Trust Authorized

 

On January 4th, 2016 the U.S. Attorney General signed Rule 41F which changes requirements for firearms trusts* purchasing NFA-regulated firearms. On March 31st Governor Terry Branstad signed the Hearing Protection Act into law which permits Iowans to own suppressors, one of the items regulated under the NFA. These two changes have sparked interest in Iowa firearms trusts* (also referred to as Iowa gun...

April 11, 2016

Getting older comes with worries about physical and mental health, and at some point (sooner, rather than later) we all need to plan for our later years. While most people think estate planning is deciding what to do with your belongings after your death, the most important component of estate planning is actually how to handle your matters in the later years of your life. This is especially true in cases of dementia and other...

April 5, 2016

If you have children under the age of 18, you should name a guardian in your will. If something happens to you and your child or children are left without a caregiver, the court is going to choose a guardian for your children; wouldn’t you rather have the say over who that person will be?

 

What is the Role of a Guardian?

 

The guardian’s job is to do what you do now as a parent; care for your children and act in the best interest...

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