Make your estate planning really meaningful. Use it to transfer your most important assets. When you think of “estate planning,” what comes to mind? Perhaps how best to transfer wealth to the next generation. Well, what about passing on your most important assets? How about expanding your estate planning to include transfer of your insight…
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What Am I Thankful For This Thanksgiving? Jury Duty! Most of us at some point have received in the mail an official looking envelope from the local city, state or federal Clerk of Court, and upon opening it, discovered it was a summons for jury duty. While many of us have been summoned for jury…
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The time bomb facing Montana businesses Many Montana businesses are corporations or LLC’s with several owners. Many of these businesses are sitting on a time bomb. The bomb will explode when one of the owners dies, becomes disabled, wants to sell out, gets fired or wants to quit. That’s when the company owners will dig…
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At least one person thinks I’m right about medical records. Don’t let anyone ever tell you that spouses never listen to one another. As soon as I posted my piece on medical records last week my wife, Becky, went into action. She even wrote a guest blog post that I want to share with you.…
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You want the best health care? Take charge of your medical records. The best way to get better health care? Take charge! Your doctor won’t be offended. You’ll be helping your health care providers do their best work. You probably already know this, but your medical records are really yours. You’re entitled to copies of…
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Getting better health care. As we age, we deal more and more with the health care industry. More doctor visits and tests. More hospitalizations. More medications. And more questions, confusion and stress. How can we get the best health care results? Jon and I have been thinking about this a lot and learning what we…
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Mom’s generosity + no planning = bad result Mom has been helping her kids all their lives. She isn’t wealthy by any means, but she has enjoyed being generous with them. And one of the kids really has needed help. Her daughter has a drinking problem and has not had a real job in years.…
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A family wedding In our estate planning Jon and I don’t limit our attention to physical objects and money. Those assets are certainly part of the legacy our clients want to pass on and protect for their loved ones. But more and more we’ve also been helping our clients identify and pass along the other…
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Russian literature and estate planning. I just finished a novel called The Last Station. It deals with the last year of the life of Leo Tolstoy, the Russian novelist. It’s one of those works of “historical fiction” that contain a lot of actual history. I really enjoyed it. Tolstoy was a wealthy member of the Russian gentry. He owned…
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The story of one farmer’s estate planning. Here’s a story I heard earlier this week. A Montana farmer died leaving a son and daughter. His living trust directed that the trustee distribute his trust estate, including his farm, to his son. He left investments equal to 10% of his estate in “TOD” (transfer on death)…
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