Farming and ranching is more than just a livelihood; it is about preserving a legacy and a way of life. Unfortunately, many farmers and ranchers fail to create a comprehensive estate plan—or any estate plan at all. Without a proper estate plan, the family farm or ranch, passed down for generations, can end up being […]
A primary goal of estate planning is to financially provide for your loved ones. One way to ensure that they are set up for lifelong success is with an inheritance that pays for their education. Higher levels of education are positively correlated with better life outcomes, including improved health, longer lifespans, and higher incomes.[1] However, education […]
When somebody close to us passes away, we are left with constant reminders of the memories. Maybe it is a jacket hanging in the closet that still bears the scent of their cologne, a dog-eared book on their nightstand, their handwriting on a scrap of paper, a bench where they sat and fed the ducks, […]
Many estate plans contain revocable living trusts (or trusts which can be changed or terminated by the creator). These trusts later become irrevocable (cannot be easily changed or terminated) when the trustmaker, also known as the Grantor, dies. Such trusts may benefit the surviving spouse during their lifetime and may continue for the benefit of […]
