The Law Office of Erica J. Jeffcoat ⚖️

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

@DrewJeffcoat @tylerguitar_ Completely! I’d much rather be a SAH mom than working 60 hours a week in a major law firm.

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

@DrewJeffcoat @alpharivelino 😆

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

A DBA (Doing Business As) or assumed name certificate does not shield your personal assets from liability.

#jeffcoatlaw #DBA #smallbusiness #attorney #business

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

There are three main categories of non-probate assets that are not covered by a will - life insurance, investment accounts, and payable-on-death accounts. These assets are contractual and will pass to the beneficiary named in the contract.

#jeffcoatlaw #estateplanning #wills

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

@DrewJeffcoat @tylerguitar_ There are too many LLCs once the cost of setting up, maintaining, and the energy needed to keep them organized exceeds the profit from the businesses they’re protecting.

This is where a series LLC can be a good fit, especially in real estate.

Let me know if we can help you.

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

Keep your business and personal expenses separate. If you don’t, you ruin the legal shield protecting your personal assets.

#jeffcoatlaw #businesslaw

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

@DrewJeffcoat @FWPlayboy Haha! We’re not all psycho!

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

Keep your original estate documents somewhere fireproof and flood-proof.

#jeffcoatlaw #estateplanning #wills

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

The primary purpose of having a separate entity for a business is to protect your personal assets and limit your personal liability.

#jeffcoatlaw #assetprotection #businesslaw #smallbusiness

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

Having a secure estate plan (i.e. will, trust, tax-planning, etc.) can help protect your assets from being taxed twice in the event that the government lowers the estate tax exemption.

#jeffcoatlaw #taxplanning #estateplanning #wills #estatetax #deathtax #trusts

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

Assets cannot be left outright to minors. Without an accurate estate plan in place, assets left to a minor may be subject to court supervision, costing your loved ones fees that could have been avoided.

#jeffcoatlaw #estateplanning

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

#jeffcoatlaw

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

An estate plan is not just something used by the ultra wealthy.

An estate plan is essential for anyone owning property or other assets, including cash or vehicles.

It ensures protection for you and your loved ones.

#estateplan #estateplanning

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

What is your biggest or most immediate legal need you have right now?

Comment below ⬇️

#jeffcoatlaw #legalneed #legaladvice

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

In regards to a contract:

If it isn’t written down, it doesn’t exist.

#jeffcoatlaw #contracts #businesslaw #legaladvice #lawyer #attorney

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

#jeffcoatlaw #estateplanning #wills #legaladvice #lawyer #attorney

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

In the end, it costs more to administer an estate without a will ($5K) than it costs to make a will ($2K).

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

“…the law is holy, and the commandment is holy, righteous and good.” - Romans 7:12

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

“The sum of your word is truth, and every one of your righteous rules endures forever.” - Psalm 119:160

[The Law Office of Erica J. Jeffcoat ⚖️ @JeffcoatLaw]

“Freedom is never more than one generation away from extinction. We didn’t pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same.” - Ronald Reagan