Advantages of Creating a Trust to Handle Your IRA assets

If you will not need to spend the assets during your life, and want some say over how your assets are used after your death, why not put your Individual Retirement Account (IRA) funds into a trust? Specifically, that means creating a trust and designating the trust the beneficiary of your IRA. Because you cannot …

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The Tax- and Estate-Planning Implications of Your Legacy Wealth

When your financial success makes it possible, you begin to think of how the wealth you have earned can support your goals in retirement and confer benefits on your family, others you care about, and causes that you cherish. Everyone is unique in his or her specific assets, goals and values, and hopes and plans. …

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Planning Your Estate: What Assets are Subject to Probate?

If you are planning your estate, it is important to understand the probate process as well as what assets are subject to probate.  The attorneys at Tanko Law are well versed in the estate laws of Montana and can help you organize your estate in the most efficient, cost-effective way possible.  Contact us today for assistance and …

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Top 11 Tips for Creating an Effective Business Plan

Oftentimes when starting a business, new entrepreneurs overlook one of the most important documents they will create which is their business plan. Business plans serve dual purposes; first, they provide a roadmap for a new business owner to monitor their progress against their goals, and they can help when you are seeking financial backing. To …

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montana Business planning for 2017

Business Planning for 2019

The right planning and execution of your business idea is as essential as having funding in place. In fact, it can be crucial to the very act of obtaining financing for your business. Explore a detailed overview of Montana business planning for 2019, including steps to start your business and why a business lawyer is …

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Can a Trust Protect Your Assets During Divorce?

Dividing marital assets is an important part of the divorce process. Though the standard procedure is to distribute assets equally between spouses, a trust may be able to protect your assets from division. So, can a trust protect assets in divorce? Asset division according to divorce law can be complicated, but your Montana Trusts Lawyers …

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How Does Probate Court Work?

Probate is the court-supervised process of collecting a decedent’s property and assets and distributing them to their beneficiaries. Unless there are family members fighting over the assets, there’s very little actual court time involved. Probate is mostly paperwork. If probate does move to court, however, the process is a little bit different. Find out how …

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