generational wealth Tag Archives

Setting up a lifetime asset protection trust is a great way to protect your children's inheritance. Here's how it works.

03 Jul What Is a Lifetime Asset Protection Trust?

Posted at 09:00h in Uncategorized by Phelps LaClair Law

Oftentimes, the key to creating generational wealth lies in protecting the assets you pass down to your children and grandchildren. If you don't want their inheritance to get squandered by an irresponsible spouse, or lost in an unexpected lawsuit, there are steps you can take....

To set future generations up for financial success, you need to have a plan in place for transferring that wealth with the fewest penalties possible. Here's how to build generational wealth with estate planning.

01 Apr How Estate Planning Can Help You Build Generational Wealth

Posted at 12:19h in Uncategorized by Phelps LaClair Law

You’ve spent your whole life working hard to achieve your financial goals, and of course you want to pass that wealth on to your children and grandchildren. However, building generational wealth involves much more than acquiring valuable assets. It also takes some careful financial planning,...

As a millennial, you’re in the prime of your life. But before you get any older, it’s a good idea to have a solid estate plan in place. Here are some estate planning facts for millennials in 2024.

07 Feb Estate Planning for Millennials: 2024 Edition

Posted at 09:30h in Estate Planning by Phelps LaClair Law

As a millennial, you’re in the prime of your life. Most millennials are now in their thirties and early forties, and they’re coming into inheritances, buying homes, starting families, and building wealth. But before you get any older, it’s a good idea to have a solid...

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