Entries by Dan Baron

Wage Garnishment Guide For Employers

Not everyone pays rent on time, pays child support, or pays back a debt in full. Recently, wage garnishment has become a popular option for individuals or businesses to collect on debts or outstanding obligations.  Wage garnishment is rarely a method of first resort, it is time-consuming and stressful, but often creditors are left with little option. Any human […]

What Is The Difference Between A Living And Testamentary Trust?

Your estate plan consists of many documents and covers a lot of bases. From protecting assets from creditors and litigants to avoiding probate, a comprehensive estate plan protects you while you’re living and provides for loved ones after death. Because estate plans are, by design, comprehensive, a lot of legal jargon is thrown around and […]

Thinking Of Giving To A Charity? Consider A Charitable Remainder Trust.

Significant and stable retirement income, reduction in taxes, whether income, capital gains, or estate respectively, and the provision of critical needed support for worthy charitable organizations and endeavors. If any, or all, of these sound good to you and your estate planning goals, charitable remainder trusts might be a useful option. Charitable remainder trusts, not to be confused with charitable lead trusts, is a way […]

Common Questions With Inherited IRA’s

Most of us don’t have millions of dollars in liquid assets to fund our retirements. Ordinary people use common investment tools such as traditional IRAs, Roth IRAs, simplified employee pension plans (“SEPs”), and savings incentive match plans for employees (“SIMPLE IRAs”) to pay for healthcare and living expenses in old age. The main goal for […]

Planning for Crisis: Advance Directives

Estate planning is an expansive concept. Fundamentally, estate planning seeks to create a detailed plan for your finances, healthcare, and assets for the reminder of life and after death, to the extent physically possible and within the means of the estate planner. Though it would be nice if a crystal ball existed and told us […]