The person we have become today is as a result of the skills and qualities learned during childhood. These lessons stick with us and help in facing life’s challenges. On that note, it is essential to teach children grit and resilience. Grit and resilience are...
Life insurance has different uses depending on the needs of the policyholders. This is because life insurance can be the solution to myriad problems. In this piece, we’re are going to see how agricultural families stand to benefit from life insurance....
Couples that own ranches and huge farms are faced with one dilemma: exercising fairness on their on-and off-farm children when distributing their assets. The main challenge is that most of the farm or ranch assets are what make up the family’s net worth and this...
Most people are aware that life insurance policies are immune to creditors. What trips most people is the confusion that arises from ownership of the policy and designations to various beneficiaries due to tax treatment. This on its own, is quite a complicated issue...
In the past, there has been a growing number of Americans who have been transferring the personal ownership of their residential property to LLCs, trusts, limited liability partnerships (LLPs) and other asset protection entities. They have been doing this mainly for...
Parents that have children that have special needs are aware of the fact that the children will need providing when they (parents) pass away. This thought is what leads these parents into setting a special needs trust. However, most are unsure of how they will fund...
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