Understanding the Differences Between Revocable and Irrevocable Trusts
When planning for the future, many individuals explore trusts as a means to protect their assets, reduce taxes, and ensure a smooth transfer of wealth to their loved ones. Trusts are powerful tools in estate planning, offering control over how and when your assets are distributed. However, one key decision you’ll face is choosing between […]
The Advantages of a Revocable Trust in Estate Planning
Estate planning is one of the most important steps you can take to protect your loved ones and your assets. It involves preparing for the distribution of your estate after your death and ensuring your wishes are carried out. One tool that offers both flexibility and control in this process is a revocable trust. Designed […]
Estate Planning
Estate Planning is important for every individual, regardless of the amount of wealth involved. This planning includes anything from a simple Power of Attorney or a Last Will & Testament, to a complex Trust—or a combination of these tools. Ultimately the goal is to plan for the handling of your property upon your death or […]
New Iowa Criminal Fine Amounts Effective July 15, 2020
The Iowa legislature recently made significant changes to the range of fines one must or could pay for Simple Misdemeanors all the way up to Class C Felonies. The new fine amounts are as follows: Simple Misdemeanors: $105 to $855Serious Misdemeanors: $430 to $2,560Aggravated Misdemeanors: $855 to $8,540Class D Felony: $1,025 to $10,245Class C Felony: […]