Law Office of Adam Richard, PLLC

08/01/2022

We all work very hard in order to live a fulfilling, positive life and to create a better world for the future generations. Part of protecting what you're creating and effectively setting up the future generations is having a solid, effective, customized estate plan that works for you and your loved ones. A solid estate plan has the power to protect assets from creditors, divorce settlements, and lawsuit judgments.

Many believe that estate planning is only for the wealthy.. well I'm here to tell you it's for everyone. Register for my FREE webinar to learn more about what estate planning is, what's included in an estate plan, and how an estate plan will benefit you and your loved ones.

Law Office of Adam Richard, PLLC Presents: Estate & Legacy Planning Learn to Keep Your Family Out of Court and Out of Conflict While creating generational wealth Gain INSTANT Access to the Presentation WHAT YOU WILL LEARN DURING THIS PRESENTATION How my loved ones can AVOID Probate Difference betwee...

03/28/2022

Although many strategies to save on your income taxes must be locked in before the end of the year, there are still numerous ways you can reduce your tax bill right up until the filing deadline, which has been pushed back to Monday April 18th due to a holiday on April 15th.

Read this week’s blog article to check the 7 last-minute moves to save on your taxes for 2021!

Although many strategies to save on your income taxes must be locked in before the end of the year, there are still numerous ways you can reduce your tax bill right up until the filing deadline, which has been pushed back to Monday April 18th due to a holiday on…

03/21/2022

To spare your loved one’s the time, cost, and stress inherent to probate, last week in part one of this series, we explained how the probate process works and what it would entail for your loved ones. Here in part two, we’ll discuss the major drawbacks of probate for your family, and outline the different ways you can help them avoid probate with wise planning.

Here’s part two of the series “Probate: What It Is & How To Avoid It”. Check it out now!

Unless you’ve created an estate plan that works to keep your family out of court, when you die (or become incapacitated) many of your assets must go through probate before those assets can be distributed to your heirs. Like most court proceedings, probate can be time-consuming, costly, and open to...

03/14/2022

Unless you’ve created a proper estate plan, when you die many of your assets must first pass through the court process known as probate before those assets can be distributed to your heirs. Like most court proceedings, probate can be time-consuming, costly, and open to the public, and because of this, avoiding probate—and keeping your family out of court—is a central goal of most estate plans.

Read this week’s article to learn what is Probate & how to avoid it. Let us know what you think in the comments below!

Unless you’ve created a proper estate plan, when you die many of your assets must first pass through the court process known as probate before those assets can be distributed to your heirs. Like most court proceedings, probate can be time-consuming, costly, and open to the public, and because of.....

03/07/2022

Much of the damage caused by natural disasters is not covered by a standard homeowners policy. To fully protect your home and other property, you often need to purchase a separate policy or endorsement that covers specific types of natural disasters.

To help you get the proper coverage, Read my latest blog article, where I’ve highlighted the various types of insurance available and explained what these policies typically will—and won’t—cover.

Over just the last two years, we’ve seen historic levels of damage caused by natural disasters in the U.S. From blizzards in Texas and wildfires in California to hurricanes in Louisiana and tornados in the Midwest, few regions of the country are immune to such catastrophes. And based on the…

02/28/2022

Here we will explain what’s involved with our process, in hopes that it will inspire you to meet with us, your Personal Family Lawyer® and get clear on what your family needs you to have in place, so you don’t leave behind a mess if you become incapacitated or when you die. We promise to help you make the wisest, most affordable, most effective, time-saving plan for yourself and the people you love.

Check out this week’s blog to understand how working with us, your Personal Family Lawyer® is different from meeting with a traditional lawyer.

Whether you’ve met with an estate planning lawyer before or it’s your first time, it’s important to understand how working with us, your Personal Family Lawyer® is different from meeting with a traditional lawyer.  Here we will explain what’s involved with our process, in hopes that it wil...

02/21/2022

Even if the process is amicable, divorce can be one of life's most stressful events. With so many major changes taking place, it’s easy to forget to update your estate plan—or simply put it off until it's too late. After all, dealing with yet another lawyer is probably the last thing you want to do.

However, neglecting to update your estate plan for divorce can have potentially tragic consequences. And you shouldn’t wait until the divorce is final to rework your plan—you should update it as soon as you realize the split is inevitable.

Here’s why: Your marriage is legally still in full effect until your divorce is final, so if you die or become incapacitated while your divorce is ongoing and haven’t changed your estate plan, your soon-to-be ex-spouse could wind up with complete control over your life and assets. Unless you want your ex to have that kind of power, you need to take action as soon as possible.

Read this week’s article to learn the 5 updates you need to make to your estate plan if you are currently going through a divorce.

Even if the process is amicable, divorce can be one of life's most stressful events. With so many major changes taking place, it’s easy to forget to update your estate plan—or simply put it off until it's too late. After all, dealing with yet another lawyer is probably the last…

02/14/2022

If you are running a business, it’s easy to give estate planning less priority than your other business matters. After all, if you’re facing challenges meeting next month’s payroll or your goals for growth over the coming quarter, concerns over your potential incapacity or death can seem far less urgent.

But the reality is considering what would happen to your business in the event of your incapacity or when you die is one of your most pressing responsibilities as a business owner. Although estate planning and business planning may seem like two separate tasks, they’re actually inexorably linked. And given that your business is likely your family’s most valuable asset, estate planning is crucial not only for your company’s continued success but also for your loved one’s future well-being.

Read this week’s blog article to learn why Estate Planning is so essential for business owners.

If you are running a business, it’s easy to give estate planning less priority than your other business matters. After all, if you’re facing challenges meeting next month’s payroll or your goals for growth over the coming quarter, concerns over your potential incapacity or death can seem far l...

01/24/2022

Last week, in part one of this series, we covered the first two ways DIY estate plans can fail, and this week, I’ve covered the remaining three:

🌟. Choosing the Wrong Executors or Trustees
🌟. Lost and Unclaimed Assets
🌟. Unforeseen Conflict Between Family Members

Read it now on our website by clicking the link below.

Do a Google search for “digital wills” or “online estate planning,” and you’ll find dozens of different websites offering low-cost, do-it-yourself (DIY)...

01/17/2022

Do a Google search for “digital wills” or “online estate planning,” and you’ll find dozens of different websites offering low-cost, do-it-yourself (DIY) and sometimes even free estate planning documents, such as wills, trusts, powers of attorney, and healthcare directives.

From LegalZoom® and Rocket Lawyer® to TrustandWill.com and FreeWill.com, these DIY legal documents may seem like a cheap and easy way to finally cross estate planning off your to-do list—and do so without having to pay a lawyer big bucks to assist you. After all, you’ve been able to prepare and file your taxes online for years, is estate planning really that much different? And aren’t lawyers using the very same forms you find on these DIY document websites?

Read on to find the 5 Ways DIY Estate Plans Can Fail & Leave Your Family At Risk with this week’s blog article.

Learn how and why a do it yourself estate plan can cause more problems than they intend to solve.

01/12/2022

It's time for the first webinar of the year where I'll be discussing the importance of estate planning for everyone over the age of 18 followed by a Q&A. Come in and absorb this free information. A recording will be available, but only to those who registered for the live event. Hope to see you there!

http://adamrichardlaw.com/webinar