Blog Articles
Don’t Leave Your Children with the Babysitter Until You Read This
By 5 West Legal | | Kids Protection Planning (KPP), Life Planning
As we head into the third year of the pandemic, we are coming to terms with just how fragile our lives and health really are. If you haven’t gotten sick yourself, it’s almost certain you know someone who has, and ...
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How Naming Guardians For Your Kids In Your Will Can Leave Them At Risk
By 5 West Legal | | Estate Planning, Kids Protection Planning (KPP), Life Planning
If you are a mom or dad with children under the age of 18 at home, your number-one estate planning priority should be selecting and legally documenting both long and short-term guardians for your kids. Guardians are the people legally ...
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3 Reasons Why Transferring Ownership Of Your Home To Your Child Is A Bad Idea
By 5 West Legal | | Asset Protection, Estate Planning Mistakes, Life Planning
Whether it’s to qualify for Medicaid, avoid probate, or reduce your tax burden, transferring ownership of your home to your adult child during your lifetime may seem like a smart move. But in nearly all cases, it’s actually a huge ...
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Purchasing Life Insurance For Your Family: WHAT YOU NEED TO KNOW
By 5 West Legal | | Asset Protection, Enlightened Insurance, Family Financial Planning, Life Planning
Life insurance is a key component of your family’s estate plan, offering those who depend on you for their financial security a safety net in the event of your death. Whether those dependents include your spouse, children, aging parents, business ...
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