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Long-Term Care Planning

Elsa W. Smith: Think You Don’t Need An Estate Plan If You’re Single? [Video]

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Elsa W. Smith: Think You Don’t Need An Estate Plan If You’re Single?

Think you don’t need to do a state planning if you’re single? Think again. Hi everybody. I’m Elsa W. Smith, your Maryland estate planning attorney and the owner of the Law Offices of Elsa W. Smith where our mission is to empower women through estate planning. Stay tuned until the end of this video for a free resource. You know, I’ve spoken to a number of professional women who are single or single again and they’re so focused on building their businesses or climbing the corporate ladder, they place estate planning pretty low on the list of priorities. I want to give you three reasons why that is a mistake. One if you die without a will, the state in which you live will determine where your property goes and the state has no idea that you wanted to leave your money to your best friend, a helpful neighbor or a favorite charity. Two. If you are single and have not named a healthcare representative or indicated your wishes in a medical power of attorney or a health care directive, you have no control over who represent you if you become temporarily or permanently incapacitated. If the state cannot find a family member to represent you and decisions need to be made, they’ll look to , maybe an heir or someone else to act on your behalf. That means that someone who may not understand or share your personal preferences is going to be making decisions about, you know, whether to keep you on life support or , you know, whether to sign you up for organ donation. And number three single entrepreneurs and business owners still need to choose someone to inherit their business and their assets, but without any immediate options, their choices may be limited. Do you want your shares to be left to a partner, a loved one or placed in trust for a minor? Now, while you may not have a spouse or children, you probably still want to control what will happen to those assets since you were the one who put the time and effort into building your company. So there you have it. I’ve given you three reasons why not having an estate plan if you’re single is a mistake. We help professional women craft their estate plans every day. If you’re in Maryland or the District of Columbia, I want to offer you our free JUMPStart estate planning guide. Go to our website, elsawsmithlaw.com . Go to the resource tab and there you’ll find it. I’m Elsa W. smith, your Maryland estate planning attorney, empowering women through estate planning. Take care. 410-995-7719 《Transcribed by Videosocials.net Brander》

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Long-Term Care Planning

Estate Planning Law Firm [Video]

Estate Planning Law FirmAscent Law LLC8833 South Redwood Road Suite CWest Jordan UT 84088801-676-5506https://g.page/AscentLawhttps://www.google.com/maps/place/Ascent+Law+LLC/@40.590866,-111.9386487,17z/data=!3m1!4b1!4m5!3m4!1s0x0:0xc45de8cb0edee294!8m2!3d40.590866!4d-111.93646durable power of attorneyrevocable trustlast will and testamentprobate lawyerwill and testamentestate planning attorney near meprobate attorneyrevocable living trustestate planning attorneyestate lawyerlast willwills and trustsAscent Law LLC707 24th Street Suite 2-AOgden, UT 84401385-275-9890https://g.page/AscentLawOgdenhttps://www.google.com/maps?cid=7397423397808966821&_ga=2.267842254.1996847603.1635355029-976780834.1601644070https://local.google.com/place?id=14149721563093459604&use=posts&lpsid=CIHM0ogKEICAgICGtti6sQEAscent Law LLC1079 E Riverside Dr Suite 203St. George UT 84790385-275-9933https://g.page/AscentLawStGeorgehttps://www.google.com/maps?cid=16662859749292559560&_ga=2.175575522.1996847603.1635355029-976780834.1601644070https://www.ascentlawfirm.com/avoiding-estate-planning-mistakes/https://www.ascentlawfirm.com/why-is-your-firm-the-best-choice-for-handling-estate-planning/https://www.ascentlawfirm.com/why-do-people-avoid-or-delay-making-their-estate-plan/https://www.ascentlawfirm.com/when-do-estate-plans-require-certain-parties-to-be-involved/https://www.ascentlawfirm.com/what-is-the-average-cost-of-an-estate-plan/https://www.ascentlawfirm.com/what-is-estate-planning/https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.56210439!4d-111.802086https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.71428141!4d-111.893373https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.70683117!4d-111.85604https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.74982635!4d-111.96734https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.73899024!4d-111.860055https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.75690734!4d-111.902093https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.76039711!4d-111.908696https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.75617339!4d-111.884106https://youtu.be/rPW8s2prN6Ehttps://youtu.be/ckc-xSct07ohttps://youtu.be/aNF9W7Z7G6Ahttps://youtu.be/vBSF2OkZWAQhttps://youtu.be/YGmJ_KrYKp8https://youtu.be/aSZcglHIGBwhttps://youtu.be/qhZ7L-GfijIhttps://youtu.be/gt57PB4uRv8https://youtu.be/c0pGzkwzGPshttps://youtu.be/4qJMedYpGYUhttps://youtu.be/3JDO2UAMj2Qhttps://youtu.be/evkcaaHKm7whttps://youtu.be/N38k44NgO9Ehttps://youtu.be/xYRfqDmDqF8https://youtu.be/Phuo68fhgfUhttps://youtu.be/JHrWQ4vWC4Qhttps://youtu.be/GoYkUldjjRQhttps://youtu.be/1u-ijaizYMAhttps://youtu.be/MbZ4dL14zlUhttps://youtu.be/fEYFfQ_of5Qhttps://youtu.be/6hXZB817JLchttps://youtu.be/GsIcRCmbYPkhttps://youtu.be/wnQe-U_TuSkhttps://youtu.be/ll7PRnD0KFM

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Long-Term Care Planning

Financial planning for retirement [Video]

Now that 2022 is officially among us, it is important to take control of your money and take revisit your financial plan, especially when retirement planning. Whether you are starting from scratch or revising an existing plan, it is crucial to evaluate your current financial condition and prepare for your long-term goals. As we get older and plan for retirement, this tool is helpful in strategizing for the future. Fiduciary retirement planner Rob De Lessio of Strategic Wealth Designers joined us on the newscast to discuss important tips related to financial plans. See more financial news at https://local12.com/community/its-your-money.“There are two initial items that you need to address to determine what your personal financial plan will look like,” De Lessio says. “Step one is establishing how much you spend on a monthly basis. This is used to gauge approximately how much you spend annually to forecast how much you will need to maintain your current lifestyle upon retirement. Second, how many years are you from retiring? Your strategy changes based on what your time horizon is.”Financial planning alters through different stages of life. For those that are within ten to fifteen years of retirement, it is recommended to scale back on risk. With not as much time to bounce back from a potential loss, your portfolio should have safety nets to keep your assets protected. There are also factors to consider such as your income plan, long term care, inflation, and taxes.“We utilize the Rule of 100 as a reference tool to determine how to maximize your assets dependent on your age,” De Lessio says. “This is calculated by subtracting your age from one hundred. That percentage of your portfolio can be exposed to risk, and the rest kept completely safe. For example, if you are 60 years old, 40% of your assets can be exposed to risk, while 60% are protected.”Financial planning is important in all stages of life in order to achieve financial goals, but especially when preparing for retirement. To see additional stories surrounding business and economic news for the Cincinnati area, visit https://local12.com/community/its-your-money and if you have a question for Rob send an email to info@swdgroup.com.

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Long-Term Care Planning

3 Estate Planning Questions with Macie Tuiasosopo Gaines [Video]

Dave: Hi everybody, Dave Sullivan is here and part of the marketing team at People Driven Credit Union. I have an exceptional guest today.Macie: Hi my name is Macie Tuiasosopo Gaines.Dave: Macie, What company are you with?Macie: I’m with Gaines & Gaines law firm, and we are primarily probate and estate planning practice.Dave: We met at our town hall Zoom meeting with Kyra a few weeks ago.Macie: Yes, that was very successful.Dave: We had many people reach out, and I thought I’d get together with you and ask you a couple of questions. The first question a lot of people had was what happens if you don’t have a Will, Trust orMacie: estate planning? Read the rest at https://www.peopledrivencu.org/2022/03/02/3-estate-planning-questions-with-macie/