Ask the Experts Bryan A Lowe & Associates

For many baby boomers, their golden years are turning out to be very different from what they had imagined while planning earlier in their lives. The downturn of the economy and perhaps a large hit to their retirement, social security uncertainty, later retirement age, and many other issues have impacted the baby boomer generation. Bryan and Brian discuss what options are available to you at this stage of life. This is highly informative and valuable information from one of the highest rated attorneys in Las Vegas.

It is now widely known that the musician and businessman Prince died without having done any estate planning, leaving an estate valued at an estimated $300 million to be dealt with in Probate. Bryan and Brian discuss the process of how this will all be sorted out, who are the beneficiaries, who will administer the estate and other very interesting aspects of this high profile case. You won't want to miss this one, and hopefully it will inspire you to not follow in Prince's footsteps and create or review your own estate plan.

Bryan and Brian discuss senior living options. Whether it be downsizing, selling and moving to a senior community or assisted living facility, or finding a place to care for any medical needs you may have, it is very important to know your options and the best way of planning for this transition. It is also important to consider the effect that these changes will have on the estate planning you have done.

This was a great discussion on very important issues that are important for anyone approaching these decisions to consider.

Bryan and Brian continued their discussion of problems that may arise from faulty or underfunded trusts and what the fixes may be. As always, if you would like your trust reviewed to make sure it still suits your wishes and your family's needs, our attorneys will review it at no charge.

Bryan and Brian discuss trust amendments in this week's appearance on "Ask the Experts." Often people think that because they created an estate plan, that they can just put that away and not think about it again because that planning is done. While it should be good for a while and offer them the benefits they seek, if a trust is not funded properly, or a family's situation changes, or if you created the trust yourself and it was not drafted properly to meet your goals, then it is certainly something you will want to review with an attorney every few years. Bryan talks about that need, some of the problems that you may encounter, and shares some cautionary tales about what may happen if there is a problem with your trust. As always, Bryan A Lowe & Associates offers trust review consultations at no charge.

Bryan and Brian discuss the differences between Partnerships, LLCs, C-Corps and S-Corps, and how they can help you in your asset protection strategies.