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Rasmussen Law, LLC
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“It goes without saying that estate planning is incredibly important and is more than just having a will or a trust. Estate planning offers a sense of security for you and your loved ones that your wishes will be carried out. ”
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“Poor estate planning is a recipe for disaster. ”
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“No one wants to discuss death and dying. And yet, it’s a critical time in everyone’s life and one for which we know we need to prepare.”
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“There are many ways to own your assets. When you die, it is only natural that you want your family to share in the bounty of your hard work. As a way to simplify the transfer process and avoid probate, you may be tempted to add a child or other relative to the deed or bank account utilizing the ownership type of joint tenancy with right of survivorship (JTwROS).  However, while this type of ownership delivers a lot of potential benefits, it may also be masking some dangerous pitfalls.”
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“Most folks have at least heard of an estate plan. But fewer realize that a simple will is not enough to prepare for your future. In fact, a combination of plans - financial, tax, legacy, and estate - are vital to your financial well-being and protection of your assets and family. All of these plans are closely linked, affecting one another but also serving different purposes.”
How many plans do I need?
How many plans do I need?
rasmussenlawkc.com
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How to Leave Your Life Insurance and Retirement Plan to Your Minor Children
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How to Fix 5 Common Estate Planning Problems
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“one thing that every new grandparent must do as soon as possible that is often overlooked. Specifically, every new grandparent should immediately create (or revise) an estate plan so that it includes your family’s newest generation.”
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“Common Mistake: Don’t Use a Simple Will to Leave Assets to Minor Children”
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“Some parents worry about leaving too much money to their children. They want their children to have enough to do whatever they wish, but not so much that they will be lazy and unproductive.”
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