By Philip J. Kavesh, J.D., LL.M. (Taxation), CFP®, ChFC, California State Bar Certified Specialist in Estate Planning, Trust & Probate Law Does that sound crazy to you? Probably! But, hear me out. (By the way, if you’re a financial advisor, what I’ll say applies equally to you having too many estate planning attorney relationships.) Over the years, I have consistently heard fellow estate planning attorneys tell me all of the reasons why the dedicated, single-financial advisor referral relationship (or a relationship with only one company or group of advisors) that I use in my practice doesn’t work or why it…
3 Reasons to Audit Your Estate Planning Website Content
By Foster Web Marketing As your website expands, older content can go stale. It might be inaccurate or outdated, or it might just be a little out of line with your current brand and messaging. You can’t just delete all that old content because you risk losing leads and getting in trouble with search engines. Unfortunately, the same goes if you just hang on to your old content without making any changes. That’s why we recommend digging a little deeper into your content with a comprehensive website content audit. A content audit is a systematic review and analysis of all…
What to Do When Your Employees Ask for a Raise?
By Kristina Schneider, Practice Success Coach If you’ve ever had an employee approach you randomly and request an increase in their salary, it may be challenging to know how best to respond. While you may be happy with their work, you may be strapped from being able to financially accommodate such a raise. It creates all sorts of fears and concerns around this person walking away if you don’t oblige. Below are some practical tips to help you manage (and avoid) this happening. TIP #1: Create a Process for How and When You Review Compensation. First and foremost, by creating…
State Trust Jurisdictional Wars: Where the States Stand in 2024
By Steven J. Oshins, Esq., AEP (Distinguished) Which jurisdiction do you use to situs your trusts? Let’s look at the most popular trust jurisdictions. Alaska If we went back in time about a decade, the Big Four trust jurisdictions were Alaska, Delaware, Nevada and South Dakota. But somewhere along the way, Alaska seemed to have lost its way. I haven’t personally heard of even one non-Alaska resident using Alaska law in many, many years. I’m sure it’s being done, but, if so, it can’t be a lot of trusts. Alaska hasn’t materially improved its trust laws in so many years…