Firm News and Law Updates
As a small business owner, you put your heart and soul into building your company. But what happens when it’s time to move on? Whether you are retiring, selling, or passing the business on to your children, you need a plan. That’s where succession and estate planning meet.
Read MoreAt The Skeen Firm, we understand the importance of securing your family’s future. So, let’s discuss estate planning for dual-income families with minor children. Implementing a comprehensive estate plan can help you guarantee that you protect and support your children, no matter what life may bring. Here, we’ll explain the critical components of an estate plan and how it can safeguard your family’s intellectual capital.
Read MoreIf we have heard “I don’t need a trust because I am not rich” once, we’ve heard it a million times. If each time were worth a dollar, we would have a big marketing budget to bust this myth. What is at the core of this misconception? That is hard to tell. What we do know is that a revocable living trust is an excellent estate and long-term planning solution for many.
Read MoreAn essential estate package consists of five documents: a Last Will and Testament, a Durable Power of Attorney, a Durable Healthcare Power of Attorney, a HIPAA Release form and a Final Disposition Instruction sheet.
Read MoreA house and a sound estate plan have tremendous similarities that do not immediately meet the eye. Both are comprised of a firm foundation to build on, solid walls to protect all sides, and a roof to shelter when the proverbial sky is falling. But a house is a legitimate structure and an estate plan is just a bunch of legal documents with no foundation, walls, or a roof. What gives? The analogy unfolds below.
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