Pawel Sasik 3/29/22 Pawel Sasik 3/29/22

Estate Planning Musings

Don’t think about what your assets can do for you. Rather, think about what your assets will do for that one cousin that you’ve never really liked. Like, not at all.

That’s right, if you don’t plan now, cousin Billy will be eternally thankful

Pawel Sasik 3/29/22 Pawel Sasik 3/29/22

Revocable Trust vs. Irrevocable Trust?

Do you want to avoid probate, minimize taxes, provide control and maintenance for you and your heirs? Then you may want to create a Trust. A trust is really just a set of instructions that direct people you have placed in charge what to do with your assets and when to do it.

Pawel Sasik 3/22/22 Pawel Sasik 3/22/22

Does Yoga Help With Estate Planning?

does 20 minute yoga help with estate planning? No it does not. However calling sasik + moon does.

Pawel Sasik 3/22/22 Pawel Sasik 3/22/22

Is putting your home into an LLC a good idea?

For most of us, our most valuable possession is our home. We want to protect that asset above all costs from creditors, legal issues, etc… The use of an LLC can be beneficial for properties that are income producing. In fact, it is a very smart idea to hold income producing properties in separate LLCs. However, things are different when it comes to your home, and an LLC for your home is almost certainly a terrible idea.

Pawel Sasik 3/15/22 Pawel Sasik 3/15/22

Three Ways to Avoid Probate Costs

When a deceased person’s estate (all of their money and property) has to go through probate (the court-supervised process of distributing a deceased person’s money and property), it can be subject to a variety of costs stemming from attorneys, executors, appraisers, accountants, courts, and state law. Depending on the probate's complexity, fees can run into tens of thousands of dollars or more.