You spend an entire life working hard and building an admirable estate. You may have managed your finances into a comfortable nest-egg, or invested well in the stock market. You may have an admirable collection of properties, vehicles, or small businesses. This is the kind of estate worth planning for, because it took so much …
How to Prepare Your Legacy Wealth Plan with Montana Real Estate Read More »
You probably felt real satisfaction and peace of mind when you had made your will and completed your related estate planning. You felt that now your intentions would be carried out exactly as you specified, your estate used as you wished, and your beneficiaries protected. The same crucial goals, of course, apply to keeping your …
Updating Your Estate Plans: A 10-Point Checklist Read More »
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 …
Advantages of Creating a Trust to Handle Your IRA assets Read More »
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. …
The Tax- and Estate-Planning Implications of Your Legacy Wealth Read More »
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 …
Planning Your Estate: What Assets are Subject to Probate? Read More »
When you have a loved one who suffers a physical or mental disability or is unable to manage their own finances, you may be tempted to bequeath a certain amount of funds to help them financially. However, Supplemental Security Income (SSI) and Medicaid benefits could be impacted if you opt to leave a lump sum …
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 …
Top 11 Tips for Creating an Effective Business Plan Read More »
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 …
Estate Plan To many people, an estate plan is something they believe only the elderly and the rich need. You may believe that if you are young and have modest assets that there is no need for you to create an estate plan. However, creating an estate plan is something that is critical for all …
Why it is Best to Seek Legal Advice to Set up an Estate Plan Read More »
The decisions you make when setting up your estate plan have a powerful effect on the legacy you leave behind to your loved ones and heirs. A proper estate plan can help to ensure that your end-of-life financial needs are met, your final wishes seen to, your assets protected and your children and other heirs …
Do Revocable Trusts Protect Assets From Creditors? Read More »
