Archive for November 2008
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You are browsing the archives of 2008 November.
Your 401(k) plan is your primary source of retirement savings. In the past year, particularly the past few months, it has dropped in value almost 50%. Everything you read or hear tells you to “sit tight.” Almost every source of financial advice recommends not cashing out, and not replacing your equity assets with fixed income [...]
Identifying a key person is only part of the problem: the tough problem is determining the dollar value that would be lost if the key person were lost. When an economic value can be placed on the lost of a key person, then insurance and other arrangements can be made to protect the business.
Many clients feel quite comfortable, and more importantly, trust the attorney they have used in the past—although it may have only been for real estate transactions, traffic violations, business related issues, or a simple will. There are many aspects of estate planning that only an attorney can perform. However, like almost all professionals, sometimes the skills of a specialist are required.
There are five areas of questions that the client should have answers to before selecting his or her estate planning attorney.