Ronald Hudkins

Estate Planning is really about assurance. What estate planning is all about is discovering the rightdevices to implement your basic needs. What that really means is that we make use of the mostsophisticated legal files to effectively implement your desires. We customize each and every strategyso that you get precisely what you desire. We do this utilizing the most up to date tools so that wecan prepare a personalized strategy at the lowest possible cost. Please call us today with anyquestions.

Ronald Hudkins is an advocate for consumer awareness. He has noted that more than 70% of theAmerican public fails to make appropriate estate plans prior to death or incapacitation and as such;authored an Ebook "Asset Protection and Estate Planning for All Ages" It is available for freedownload at http://stores.lulu.com/rhudkins Articles Relative to the book's content are as follows;

Estate Planning Article Links and Summary

Offshore Trust - Effective Estate Planning, You Decide

An over view of offshore trusts as part of viable estate planning and the fear that keeps many clientsand attorneys from knowing more about how to use them effectively. The creation of offshore trustsand other financial plans is a way of shielding your assets from the laws of the nation in which youreside.

Estate Planning - Rules and Trustees

Reviews problems associated with forming a trust such as deciding the powers which the trustee(s)have and do not have relative to the assets placed into a trust. If you are wisely attempting to putsome assets into a trust (inter vivos) in your lifetime, then you have been paying attention to theimportant differences between wills and trusts.

Legality of Offshore Investments

Having an offshore banking account, corporation or trust are common themes in legal thrillers, spynovels and eastern European politics. There is a reason to be concerned about the legality of suchaccounts, for although many people would like to include them in their estate planning, a legalmisstep regarding the use of any of these asset management tools could result in thousands ofdollars lost in back tax payments and legal problems with none other than the IRS in addition to thepossibility of spending time in prison. With that in mind, it is not surprising that many Americans ...

Estate Planning - You're Never Too Young

Young people just starting out in life may think that estate planning is not a high priority. However,according to a leading expert in the field, it's never too early to consider how vital this step is toprudent financial planning. When just starting out, perhaps there are more worries about theimmediate needs.

Estate Planning - Protecting Your Assets From the State

Over views the U.S. Government's ability to seize your assets to pay for long term health care.

Encourages proper estate planning to avoid personal property losses.

Estate Planning - The Realities of Probate, II

Over views the probate process and weighs the financial differences to be considered for the cost ofprobate verses administration fees associated with a living trust. The idea of having your will orestate go through "probate" conjures up visions of money that should have gone to your heirs beingpeeled off and divided up for the state's administrative services in seeing to your last wishes.

Estate Planning - The Life Estate

Over views why the life estate is falling out of use but why it is still relevant for an estate planner.The life estate is something every first year law student learns about when they study the arcaneand often bizarre history of property law that harkens back to the days of English knights, lords andserfs, and the transfer of property through the ceremonial throwing of dirt clods with oaths of dutyto accompany.

The Living Will

Over views how the living will establishes your wishes as to what happens to you should you becometerminally ill or permanently incapacitated. A living will is not about who inherits your stocks andbonds when you die and it doesn't designate who gets the family home or your mother's jewelry.

Do You Really Need a Will?

A will is a document in which a person declares what they want done with their property at the timeof death. This is an overview of common misconceptions about a last will and testament.

Estate Planning - Changing a Will

Over views the legal complications that could result in changing a last will and testament withoutdoing so by not using an express change statement. "I am taking you out of the will, or "I am goingto disinherit Gregory and leave all my money to Steven," are statements that seem far more like theybelong in an Agatha Christie novel than in a serious discussion of estate planning.

Estate Planning - No Contest Clause in Your Will

Over views the consideration of putting a no contest clause into one's will if they feel the will isgoing to be heavily contested. Additionally, advises how courts react to such a clause and suggestsan alternative consideration.

Estate Planning - Protecting Your Will's Integrity

Over views modern day techniques (evidence) one can present to the courts that uphold thedecisions the testator dictates in their written last will and testament. In the not overly distant past,the writings of the testator were the only evidence of his or her intentions and mental capacity.

Estate Planning - Capacity Challenges

Over views the elements of capacity used to contest the legality of a will. Looks at mental deficiency,insane delusion and mental derangement characteristics that have been used to invalidate a will.

Estate Planning - Undue Influence

Over views common means of contesting a will such as undue influence, lack of capacity,psychological domination and/or degenerated mental state. Often during the final years of a dearfriend's or relative's life some person or persons will take over the task of caring for their sick andelderly friend or relative to a greater degree than the other people in their lives.

Intestacy - Passing Without Estate Planning - What Happens?

If a person passes on without estate planning of any kind, whether that planning is some kind of willor trust, they are said to have died intestate. Intestate law is the law that decides how assets aretransferred and creditors satisfied if a person passes on without saying who gets the house, the caror the guarded family apple pie recipe. Intestacy law is a set of fall back provisions or rules thatgovern where the assets go, so that the state does not have to decide in each individual case whathappens.

Estate Planning - Real Property Disbursement Problems

Many parents want to give an equal share of the Estate Planning Attorneys family home or someother sentimental form of real property (actual land usually) to their surviving children in equalshares. As an estate-planning attorney, one often sees the strange problems created by such plans.In particular if there are an even number of children, this may create hardships as voting blocks offamily members eventually have to resolve votes that are evenly split in court or at least face thehardship of that choice among their siblings.

Estate Planning - Protecting Your Spouse

Over views advance protection measures one takes to protect their spouse when doing estateplanning above and beyond joint tenancy laws. The first question many people have whenconsidering estate planning is how to protect their spouse in the event that they pass away.

The Revocability Or Irrevocability of a Trust

Over views circumstances that could make a revocable trust irrevocable. A trust is formed when aperson or business (legally referred to as the settlor) puts property into the control of another(person or business), usually called the trustee, for the benefit of a person or group called thebeneficiaries.

Choosing an Estate Planning Attorney

Over views the process of choosing an estate planning attorney. Provides web sources for findingestate attorneys.

Selecting an Advantageous Trusts and Estate Lawyer

Briefly describes how to find the right attorney to handle trusts and estate planning. Trust andEstates is a rapidly growing area of practice in the law that includes estate planning, managing yourestate during life and disposing of your estate at your death through the use of trusts, wills and

other planning documents.

Estate Planning Isn't All About Lawyers

Looks at the schooled professionals one might hire when considering an estate planning team toreview their estate and protect assets. Provides insights one should think about if considering theuse of prefab software packages and forms.

Estate Planning - Considering a Second Marriage Late in Life

Over views estate considerations that should be accommodated as widows and widowers (with theirlonger life spans) increasingly meet and decide upon a second marriage. Addresses forconsideration a set of unique legal questions that those getting remarried, do not often thinkthrough.

Estate Planning - Intent to Disinherit Or Oversight?

Over views incomplete estate planning and some laws that are in place to remedy the situation ofoverlooked heirs as opposed to those specifically disinherited. Sometimes family and estate planningbegins before the family is complete, particularly in an age where people (generally) are waitinguntil later to have children.

Estate Planning - What About Life Insurance?

Over views whole life and term life insurance policies by comparing the advantages anddisadvantages of each policy type as part of an estate plan consideration. Not too many years agolife insurance was considered to be the indispensable platform upon which all other estate planningefforts should be based.

Planning For the Intangibles

Over views questions surrounding intangible digital assets as a relative consideration to ones estateplanning needs. Every state has statutes and mechanisms in place that deal with disposal of tangibleassets whether the deceased had a will or not.

Retirement and the Roth IRA

Over views the Roth IRA and the Individual Retirement Account options and how taxes factor intoones estate planning and retirement considerations. An IRA is an IRA, unless it's a Roth IRA.

Estate Planning - Protecting Your Furred Friend

The whole concept of estate planning has a couple of primary aims: 1) making sure that your assetsare distributed where and how you want themhttp://money.cnn.com/retirement/guide/EstatePlanning/ to be, and 2) ensuring that your loved onesare cared for and able to comfortably live out their lives after you are gone. If you consider your petsas part of your property, to whom do you leave them - and the obvious answer is to someone whowon't immediately haul them to the nearest shelter and drop them off. Providing for your belovedpets may be more complicated than ...

Estate Planning - The Mortgage - To Pay Or Not to Pay

Over views the advantages and/or disadvantages of paying off a property loan in the modern day. Where does your home mortgage fit into your financial planning and particularly into your estateplanning?

Estate Planning - Gender Issues Meet Social Security

Over views pay disparity within the Social Security Pension Plan between the male and femaleworkforce within the United States. Highlights some of the causes of the disproportionateretirement allowances.

Estate Planning - Estate Taxes

Over views estate tax that is assessed on property upon the time of one's death based upon fairmarket values once an estate exceeds a specific taxable income. Estate tax, or the death tax as it issometimes referred to, is an issue often bandied about at election time.

Durable Power of Attorney - "Scope of the Agency"

Overviews the durable power of attorney which allows an agent to act on asset matters should aprinciple be alive yet unconscious for an extended period of time. A durable power of attorney isgiven by a person to another person to act in their place given a specific set of circumstances oractivating condition.

http://www.selfgrowth.com/experts/ronald_hudkins.html

Estate preparation is regarding peace of thoughts. The procedure itself is essential and can help youproduce a great, strong working plan that will certainly deal with you, your kids, as well as yourbelongings in situation of your death or handicap.