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Not tackling this one, sorry - the answers could take up several chapters of a book. You might want to meet with an experienced (in estate planning) fee-only financial planner to go through all the logistics. If you’re not interested in comprehensive financial planning, look for a fee-only hourly planner such as those at Garret Planning Network or XY Planning Network. We don’t have the capacity for hourly planning for a variety of reasons but others here may have suggestions.👍 2Leave a comment:
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Help with Estate planning
I would appreciate your tips from your experience.
A large family with w2 income and several real estate properties and a business. We were thinking of a revocable trust as a holding company with several subsidiary LLCs for each property or business.
1. We are immigrant so unfortunately, we don't relative or close friends to appoint as a guardian...what did you do?
2. Please give me your input on what to do and what to avoid as we are meeting the attorney?
3. What questions should I ask to make sure that the attorney has enough experience?
4. Did any of you create an Irrevocable trust and regrets that decision?
Thank youTags: None
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