Idaho Estate Planning Articles:
1. Understanding Wills2. What is an Estate?
3. What is Probate?
4. Understanding Trusts
5 Holes in your Idaho Estate Plan that could cost a fortune 5 Steps to a compitent asset protection plan in Idaho 8 Dangers of Owning Property in Joint Tenancy 11 Mistakes That Tear Families Apart and Cause Children to Suffer 11 Problems That Could Cost Your Family a Fortune -- and Their Solutions 19 Smart Ways to Protect Your Assets 27 Costly Misconceptions About Planning for Your Senior Years Your Idaho Estate Plan Needs Maintenance 19 Costly Misconceptions About Wills and Trusts Two Family Asset Protection and Idaho Estate Plans: Which Plan Do You Want for Your Family? 
The Rich Wallace Method of Trust - Based Estate Planning for Families
How to plan your estate so you keep your money, control your assets, protect your family, and become a good steward of your property.
With 36+ years in law practice in Idaho, Rich Wallace offers a wealth of expertise and experience in Idaho Estate Planning Law and Asset Protection.
- Revocable Living Trust
- Living will/power of attorney for health care
- Durable power of attorney
- LLC
- Buy-sell agreement
- Corporation
Areas of Emphasis - Idaho Estate Planning and Asset Protection
What is Estate Planning?
Estate Planning is the process of organizing your assets and legal documents to meet your goals before and after your death. The goal, after death, is typically to pass the maximum estate to your heirs. Property owned at death is transferred by probate, or by a trust. A proper estate plan directs how your assets are to be distributed. Contact us today to learn more.
Asset Protection Plan
Whether it is a limited partnership, limited liability company, trust, corporation or some other asset protection vehicle, we can assist you in structuring your plan and interrelating the various entities for maximum benefit.
Living Wills and Trusts
What is a Living Will?
A living will is a legal document that a person uses to make known his or her wishes regarding life prolonging medical treatments. It can also be referred to as an advance directive, health care directive, or a physician's directive. A living will should not be confused with a living trust, which is a mechanism for holding and distributing a person's assets to avoid probate. It is important to have a living will as it informs your health care providers and your family about your desires for medical treatment in the event you are not able to speak for yourself.
What is a Living Trust
A revocable inter vivos trust (living trust) is created for the purpose of holding ownership to an individual's assets during the person's lifetime, and for distributing those assets after death.
Contact us today to learn more!