by Doug McClure | Aug 5, 2019 | Estate Planning, Life Insurance
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....
by Doug McClure | Jul 31, 2019 | Estate Planning, 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...
by Doug McClure | Jul 25, 2019 | Estate Planning
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...
by Doug McClure | Jul 19, 2019 | Estate Planning, Wealth Management
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...
by Doug McClure | Jun 24, 2019 | Estate Planning, Life Insurance
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...
by Doug McClure | Jun 3, 2019 | Estate Planning
Conflicts are common among family members during inheritances. Things get more complicated when a successful business is part of any inheritance. Each and every member will expect to be put in charge of the thriving business without following protocol, which can cause...
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