An Irrevocable Life Insurance Trust (ILIT) is a trust that is created for the purpose of owning a life insurance policy. You can transfer ownership of an existing policy, or the trust can purchase a new policy directly. ILITs are a great tool for minimizing...
There are quite a few myths about estate planning. I will debunk the following four: - Estate Planning is for rich people - I’m too young for estate planning - You have to leave everything to your children - You have to treat all of your...
A Special Needs, or Supplemental Needs Trust can be instrumental in estate planning if you would like to provide funds for a loved one with special needs. SCHEDULE YOUR ESTATE PLANNING CONSULTATION: https://bit.ly/GenesisEPConsult ...
Have you heard of the snowball method? The snowball method is a simple way to tackle your debt balance, one item at a time. As you reduce your debt balance, your net worth will increase. The key is patience. You didn’t create your debt overnight and...
The Final Step!! Subtract your total liabilities from your total asset value and now you know your net worth!!!SHOW LESS ...
Step 2 in determining your net worth is tallying up your liabilities. Don't be scared! ...
The first step in determining your net worth, is to obtain the total value of your assets. ...
Do you have an estate plan? Do you need an estate plan? Who will care for your children when you’re gone? Watch my FREE webinar to learn the basics of estate planning and why EVERYONE needs to take this step.https://bit.ly/GenesisEstatePlanningWebinar ...
Remote Online Notarization The act is heavy on the nuts and bolts of becoming an online notary public and how to accomplish a remote notarial act, including details on the recording requirement, electronic journaling, witnessing electronic documents, and security and storage of electronic documents by qualified...