870.275.4304|carrie@quraishilaw.com
FacebookLinkedin
Quraishi Law Firm and Wealth Management Quraishi Law Firm and Wealth Management
  • PRACTICE AREAS
    • ESTATE PLANNING
      • Estate Planning Basics
      • Estate Planning Process
      • Asset Protection
      • Special Needs Planning
      • Planning For Your Children
    • TAX & WEALTH PLANNING
      • Modern Family Office
      • Wealth Planning & Management
      • IRA & Retirement Planning
      • ProActive Tax Planning
    • BUSINESS PLANNING
      • Small Business General Counsel Services
      • Business Entity Formation
      • Business Succession Planning
  • GET STARTED
    • BOOK AN APPOINTMENT
  • RESOURCES
  • OUR TEAM
    • Carrie Quraishi, Attorney
    • Jean Russom, CPA, CTC
    • Jim Garvin, CFP
  • PODCAST
  • Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 2

Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 2

Last week, we shared the first part of this series on the dangers of do-it-yourself estate planning. Here, we’ll look at how online legal documents can even put your minor children at risk. https://quraishilaw.com/buyer-beware-hidden-dangers-diy-estate-planning-part-1/ Given how far web-based technology has evolved, you might think online legal document services like LegalZoom® and WillsandTrusts.com have advanced to [...]

By Quraishi Law| 2019-12-11T02:30:52+00:00 January 13th, 2020|Uncategorized|0 Comments
Read More
  • Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 1

Buyer Beware: The Hidden Dangers of DIY Estate Planning—Part 1

Do a Google search for “online estate planning documents,” and you’ll find dozens of different websites. From Legal Zoom® and Willing.com to Rocket Lawyer® and Willandtrust.com, these do-it-yourself (DIY) planning services might seem like an enticing bargain. The sites let you complete and print out just about any kind of planning document you can think [...]

By Quraishi Law| 2019-11-26T19:30:59+00:00 December 30th, 2019|Uncategorized|0 Comments
Read More
  • Don’t Let Your Kids Move Out Without Signing These Documents

Don’t Let Your Kids Move Out Without Signing These Documents

Watching your kids leave home to attend college or start their career can be an emotional time for you as a parent. On one hand, moving out on their own is a major accomplishment that should make you proud. On the other hand, having your kids leave the nest and face the world can also [...]

By Quraishi Law| 2019-12-11T02:30:20+00:00 December 16th, 2019|Uncategorized|0 Comments
Read More
  • Is My Financial Advisor or CPA Practicing Law?

Is My Financial Advisor or CPA Practicing Law?

Through the years I have drafted estate plans and asset protection plans only to have a client call and question the validity of the plan based upon a conversation with a friend or relative.  If the conversation starts out something like this: “ I spoke with my brother-in-law and he says…”, my usual response is something like [...]

By Quraishi Law| 2019-12-11T02:27:43+00:00 December 10th, 2019|Uncategorized|0 Comments
Read More
  • If You Don’t Trust Your Kids with Money, You Need a Trust

If You Don’t Trust Your Kids with Money, You Need a Trust

While most parents have the best intentions when it comes to teaching their children about handling finances wisely, sometimes the lessons don’t take.  In addition to concerns about spendthrift behavior, some children experience problems with substance abuse or have mental issues that make giving them access to wealth a problem.  This is where a trust [...]

By Quraishi Law| 2019-10-16T14:05:21+00:00 November 11th, 2019|Uncategorized|0 Comments
Read More
  • 4 Vital Legal Agreements All Startups Should Have in Place

4 Vital Legal Agreements All Startups Should Have in Place

When getting a business off the ground, one common mistake business owners make is not establishing a solid legal foundation to protect their company from unforeseen situations and circumstances. The most effective and efficient way to provide this legal bedrock is by putting a set of key legal agreements in place. Gleaned from years of [...]

By Quraishi Law| 2019-10-24T01:50:50+00:00 October 28th, 2019|Uncategorized|0 Comments
Read More
  • Safeguard Your Children’s Inheritance With a Lifetime Asset Protection Trust

Safeguard Your Children’s Inheritance With a Lifetime Asset Protection Trust

On an earlier blog post, we discussed the benefits of a unique estate planning vehicle known as a Lifetime Asset Protection Trust (LAPT). We referenced this planning tool in the context of how it could have protected Clare Bronfman, the heiress to the multi-billion-dollar Seagram’s fortune, who was manipulated into blowing much of her $200 [...]

By Quraishi Law| 2019-10-08T02:10:36+00:00 October 7th, 2019|Uncategorized|0 Comments
Read More
  • The Real Cost To Your Family of Failed Estate Planning: Not Updating Your Plan

The Real Cost To Your Family of Failed Estate Planning: Not Updating Your Plan

This is the fourth in an ongoing series of NLBM articles discussing the true costs and consequences of failed estate planning. The series highlights a few of the most common—and costly—planning mistakes we encounter with clients. If the series exposes any potential gaps or weak spots in your plan, meet with us, your neighborhood Personal [...]

By Quraishi Law| 2019-09-23T13:51:16+00:00 September 23rd, 2019|Uncategorized|0 Comments
Read More
  • The Tax Benefits of Limited Liability Companies

The Tax Benefits of Limited Liability Companies

 As its name suggests,  limited liability companies (LLCs) protect personal assets from debts and other business liabilities. But you may not be aware that LLCs can also offer tax savings. As an LLC, you have flexibility in choosing how you’ll be taxed. This allows you to reap a number of benefits unavailable to other business [...]

By Quraishi Law| 2019-09-03T14:01:59+00:00 September 3rd, 2019|Uncategorized|0 Comments
Read More
  • Protect Your Family From Wealth’s Dark Side With a Lifetime Asset Protection Trust

Protect Your Family From Wealth’s Dark Side With a Lifetime Asset Protection Trust

When you create your estate plan, the idea that one of your adult children would ever use their inheritance to bankroll a cult is probably something you’d never dream of, much less anticipate. Yet that’s exactly what 40-year-old Clare Bronfman, heiress to the multi-billion-dollar Seagram’s fortune, did with hers. In the end, with her inheritance—and [...]

By Quraishi Law| 2019-07-29T19:55:20+00:00 July 29th, 2019|Uncategorized|0 Comments
Read More
1 2 3 Next

Categories

  • Asset Protection
  • Business
  • Elder Law
  • Equine Law
  • Estate Planning
  • Financial Planning
  • North Texas Philanthropy
  • Podcast
  • Probate/Trust Administration
  • Recent News
  • Taxes
  • Uncategorized
  • Recent
  • Comments
  • Episode 29: The Things Nobody Says To Their Financial Advisor
    January 7th, 2021
  • Episode 28: End Of Year Planning Tasks
    December 17th, 2020
  • 4 Ways Wise Planning Can Protect Your Family’s Assets
    December 15th, 2020
  • 6 Things You Should NOT Include In Your Will
    December 1st, 2020
  • 4 Tips For Discussing Estate Planning With Your Family This Holiday Season
    November 19th, 2020
  • No comments have been published yet.

FREE RESOURCES

display this

Request your FREE Wealth Protection Books, Webinars, Special Reports & More

Get the critical information on integrating your Financial, Legal & Life Planning!

Request Now

Archives

Popular Tags

advisor bankruptcy business celebrity estates celebrity mistakes charity challenge common mistakes DIY do-it-yourself estate planning estate planning mistakes family farmers finances Financial financial advising financial pain points financial planning icebreakers inheritance intro investing investments law legal legal guardians legal planning Mark Twain money north texas nonprofit north texas philanthropy planning podcast portfolio quotes quraishi law firm ranchers retirement retirement planning retirement tax bracket summer road trip summer vacation Taxes texas estate planning attorney wealth

Learn How to Protect Your Wealth & Loved Ones

Subscribe to our Email list & Podcast and receive tips and strategies on how to better protect your wealth, loved ones, and legacy through integrated legal planning, tax and wealth management. You can unsubscribe in one click and I'll never share your email address with a third party.

QURAISHI LAW FIRM | QURAISHI WEALTH MANAGEMENT

Offices in Jonesboro, Little Rock and Bentonville, Arkansas and Frisco, Texas and proudly serving clients nationwide.

DISCLAIMER | PRIVACY STATEMENT | Sitemap

© Copyright | Developed by JL Designs

CONTACT

3500 E. Johnson Ave., Suite 300,
Jonesboro, AR 72401
(870) 275-4304
carrie@quraishilaw.com