Blog Articles
Revocable Living Trust Or Irrevocable Trust: Which One Is Right For You?
By 5 West Legal | | Estate Planning, Family Financial Planning, Life Planning
You’ve probably heard you need a trust to keep your family out of court and maybe out of conflict in the event of your death or incapacity. And, if you haven’t, you are hearing it now. If you own any ...
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How An Estate Plan Can Protect Your Business & Family
By 5 West Legal | | Asset Protection, Business Planning, Estate Planning
You’ve most likely dedicated significant time and energy to creating a vision for your business, executing that vision, and even writing up a detailed business plan for the growth of your business. Yet far fewer business owners put the same ...
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Creditors And Your Estate Plan
By 5 West Legal | | Asset Protection, Estate Planning, Life Planning
What Happens To Your Debt When You Die? In some cases, you could inadvertently leave a reality in which your surviving heirs—your kids, parents, or others—are responsible for your debt. Alternatively, if you structure your affairs properly, your debt could ...
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Planning for the Endgame: Customizing Your LLC Agreement for Future Scenarios
By 5 West Legal | | Business Planning
Commencing a business venture brings excitement, yet the journey can swiftly turn stressful if the co-owners encounter disagreements. This scenario is particularly common in closely held entities like LLCs, especially with two equal partners. To navigate such situations effectively, it's ...
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