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Profit Law Firm
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When creating an estate plan for yourself, make sure to consult others. You do not want to create an estate plan by yourself, like a DIY video. By creating an estate plan by yourself, you can ensure that their will be consequences after an cognitive decline or death and your... Continue reading
Posted Apr 10, 2019 at Profit Law Firm
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In order to create a very effective estate plan, there are certain important tasks that must be put in place. One very important component to include in your estate is to determine whether you have a living trust or not. By creating a living trust, it can enable the fact... Continue reading
Posted Apr 8, 2019 at Profit Law Firm
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How do I create an estate plan? Why did I not create one and now I have to go to probate court? These questions are very straightforward when deciding what is the right answer. The right answer is explained through these tips on how to avoid probate court as a... Continue reading
Posted Apr 5, 2019 at Profit Law Firm
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Many of the people in the business world have wondered: Why isn’t my business growing? Am I doing something wrong? The answer to those questions is another question: What I can do to help improve the growth of my business? Well the best answer would be: the use of different... Continue reading
Posted Apr 3, 2019 at Profit Law Firm
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“Under Pressure.” These two words were said by the iconic David Bowie along with Queen singer, Freddie Mercury. Sadly, Bowie died back on January 20, 2016 from liver cancer at the age of 69 in Manhattan, New York City. Many celebrities, including Kanye West and Madonna, reacted with deep sorrow... Continue reading
Posted Apr 1, 2019 at Profit Law Firm
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What is a will? How can I create one that is effective? These two questions are very common when creating a will. A will does play a vital part in how the money or any personal property is distributed amongst future heirs. By creating an effective will, it can be... Continue reading
Posted Mar 29, 2019 at Profit Law Firm
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Many people these days wonder about what do I need to do before I die and what is the process. Well, the answer to those questions is: Create an Estate Plan. By creating an estate plan, it helps open up the options about money distribution in a will or trust... Continue reading
Posted Mar 27, 2019 at Profit Law Firm
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“Family is the most important thing in the world.” Diana, Princess of Wales, was the most beloved soul that left the world too soon. When Princess Diana died on August 31, 1997, the whole world mourned because their queen was gone and her legacy of social work was cut way... Continue reading
Posted Mar 25, 2019 at Profit Law Firm
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“I’ve got you babe.” Those were the words that the beloved Sonny Bono said to Cher in 1965, 33 years before his tragic death in 1998 from a ski accident. Salvatore “Sonny” Bono was a comedian, a father, a singer, and also a congressman who appealed to to the younger... Continue reading
Posted Mar 22, 2019 at Profit Law Firm
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Gene Roddenberry, the creator of the beloved series, Star Trek, had the intuition of a creative mastermind. Although he passed away back in 1991, his legacy lives on. A normal burial was exactly the opposite of what Roddenberry imagined. The celestial burial is exactly what he wanted, which was not... Continue reading
Posted Feb 15, 2019 at Profit Law Firm
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Michael Jackson, the King of Pop culture, not only left behind a legacy; he also left behind a great estate plan. He made the sensible choice unlike Prince, Aretha Franklin, and Whitney Houston. With the help of his chief executor of his estate both his entertainment attorney John Branca and... Continue reading
Posted Feb 13, 2019 at Profit Law Firm
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“Float like a butterfly, sting like a bee.” This was said by no one other that the world’s most renowned heavyweight champion, Muhammad Ali. Ali sadly left this world back in 2016 due to complications with Parkinson’s disease, and his legacy lives on even to this day. With this legacy,... Continue reading
Posted Feb 11, 2019 at Profit Law Firm
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John Lennon, a beloved songwriter and singer from the band The Beatles’, was murdered tragically at the age of 40 in 1980. John Lennon always had the motivation to change the world and to imagine a life without destruction. With the backup support from his wife, Yoko Ono, Lennon became... Continue reading
Posted Jan 18, 2019 at Profit Law Firm
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Paul Walker, an actor in the movie franchise Fast and Furious, sadly died at age 40 in a car accident. Besides being part of on of the greatest movie franchises every produced, Walker made the smart move of creating an estate plan unlike other celebrities like Prince and Amy Winehouse,... Continue reading
Posted Jan 17, 2019 at Profit Law Firm
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Harry Houdini, an escape artist, was most known magician of the 20th century. He amazed his crowds with tricks such as The Overboard Box Escape and the East Indian Needle Trick. After Houdini died from complications due to a ruptured appendix on October 31, 1926, his estate plan was and... Continue reading
Posted Jan 17, 2019 at Profit Law Firm
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Aretha Franklin, just like her fellow performer Prince, was undoubtedly talented beyond her years. Unfortunately, she did not have a will set up that would enable her loved ones to get what they deserved, including her child Clarence, who is 63 years old, that has special needs that require attention.... Continue reading
Posted Jan 4, 2019 at Profit Law Firm
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Michael Jackson, the King of Pop culture, not only left behind such a legacy but also left behind a great estate plan. He made the sensible choice unlike Prince, Aretha Franklin, and Whitney Houston. With the help of his chief executor of his estate both his entertainment attorney John Branca... Continue reading
Posted Jan 3, 2019 at Profit Law Firm
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“Many people think estate planning means deciding what happens to your things when you die. For that reason, many young families do not consider estate planning to be a priority. However, it may be one of the most important things young parents can do!” A last will and testament is... Continue reading
Posted Sep 5, 2018 at Profit Law Firm
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“Advance care planning is making preparations and decisions about the medical care you want to receive, if you become unable to speak for yourself.” Talking with your family and your physician ahead of time about what you would want if you should become incapacitated, is a difficult but necessary conversation,... Continue reading
Posted Sep 3, 2018 at Profit Law Firm
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“The most common need of those preparing to step into retirement isn't what you think: it's confirmation that all the hard work, discipline and saving was enough.” People getting ready to retire really want to be reassured that they did a good job and were good stewards of their money,... Continue reading
Posted Aug 31, 2018 at Profit Law Firm
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“……we often receive community questions surrounding powers of attorney (POA), so we decided to take a look at some of the most common misconceptions surrounding a POA.” Most people understand the basic concept of a last will and testament: a document that directs how assets are to be distributed after... Continue reading
Posted Aug 30, 2018 at Profit Law Firm
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“It's easy to put off because it can be morbid and often doesn't kick in until late in our lives, but it's an important piece to be thinking about for those of us who want to make sure our families are provided for.” A well-prepared estate plan can help you... Continue reading
Posted Aug 29, 2018 at Profit Law Firm
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“In an attempt to take a step toward countering some of the negative impact of elder financial abuse, the government recently passed the Senior Safe Act in May 2018, as part of a bipartisan banking reform set of laws. “ Elder abuse costs millions of Americans an estimated $2.9 billion... Continue reading
Posted Aug 17, 2018 at Profit Law Firm
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“If you say “I do” a second time and have children, your partnership acquires new stakeholders—not necessarily willing ones. Adult children have expectations about how much they’ll inherit and how soon. A new spouse scrambles that calculus. When you marry, you’re entering a partnership that is emotional and financial. When... Continue reading
Posted Aug 16, 2018 at Profit Law Firm
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“Here’s one answer to the “Where to go next?” question being asked by those inching toward retirement, or those looking to escape the increasing cost of Seattle living and combine resources with a like-minded community.” For those living in high-cost areas, like Seattle, San Francisco, New York, Los Angeles and... Continue reading
Posted Aug 15, 2018 at Profit Law Firm