Vanessa Terzian E: vterzian@lagerlof.com PH: 818-864-6174 | Edward Terzian E: consultation@inheritancerecovery.com PH: 818-579-2358
We All Have IP These Days Remember the days when IP—Intellectual Property—was the exclusive domain of patent attorneys, computer science majors, successful authors, and professional photographers and artists? Well, times have changed, because whether you know it or not, you’re very likely a player in the IP space…today’s world of ones and zeros (i.e. binary…
Really Talking to Your Parents Talking to parents can be very difficult. In fact, it can be more difficult to have a deep conversation if you’re really close to your parents, because frequent communication and closeness means that important subjects often get placed on the back burner, and patterns of communication take the place of…
Preserving Your Assets While You’re Alive If you’re like most people, you’re worried about keeping your money. The new mantra on Wall Street is that a “return of your money is the new return on your money.” To put it mildly, the markets are presenting a challenge for most investors. Worse, everyone has a different…
Election Year Antics Welcome to politics in 2012! Did you sign up for what we’re getting in America? In many ways, nobody is happy with the landscape. Most of us—Independents, Democrats, and Republicans alike—are unhappy (or even disgusted) with politics in general. It’s at the point of being most disgruntled, however, that we need to…
Sending The Kids Off To College Have you started thinking about the cost of a college education? Any good financial and estate plan should include provisions for financing the cost of education for your children. There are many options available to help you save for college, including college 529 savings plans, pre-paid tuition plans, and…
Different Kinds of Estate Planning Tools The type of trust we most commonly discuss on this site is, without a doubt, the revocable living trust. While revocable living trusts are certainly effective in making sure that your estate avoids a lengthy and expensive probate process, they aren’t an effective way to protect your assets or…
Five Strategies For Paying For College When Money Is Tight Everyone knows how important it is to have a college degree… As a parent, you know that providing your children with a college education is one of the best things you can do to ensure their future. Yet, in a recent Gallup poll, 70% of…
Business Entity Estate Planning When people think of estate planning, the first ideas that typically come to mind are of wills, trusts, powers of attorney, and guardianship arrangements. Traditionally, those instruments have been closely associated with estate planning simply because they are legal tools exclusively dedicated to helping people pass on their assets or otherwise…
2012: End of the World or New Opportunity? It’s no secret that 2012 marks the end of the Mayan Calendar. What that means, however, is anyone’s guess. Maybe it means that the end of the world is imminent (though that’s not likely). Perhaps the Mayans just got tired of plotting time and decided to continue…
A Higher Plane of Estate Planning Most people who consider estate planning want to accomplish at least one of five specific goals. Those goals are: 1. The ability to maintain control of assets while alive. This includes investment and managerial control. 2. Access to the assets. This includes access to both the principal and the…