About Kevin Perkins

This author has not yet written his bio.
Meanwhile let's just say that we are proud Kevin Perkins contributed with 11 entries.

Entries by Kevin Perkins

Life Planning



The Independent Administration of Estates Act (IAEA), enacted in 1987, has changed and streamlined the Probate Process.  The IAEA is a series of laws allowing a personal representative of your choice to administer most aspects of a decedent’s estate without court supervision. The authority to administer the estate under the IAEA can be given by the decedents will or by the court upon the petition by the personal representative. It is generally done when the probate proceeding is initiated but can be done at any time during the proceedings […] Read more

Million Dollar Pets

Million Dollar Pets

People who have extreme wealth have the ability to finance their fondest wishes and desires. While it’s said that money can’t buy happiness, it can buy pets and that’s almost the same thing. Pets owned by the rich and famous have the best of everything. Personal chefs, spa days, custom living spaces and often a caretaker or vet on site or on call enabling them to live out their lives in comfort and luxury.


Many wealthy animal lovers will not outlive their beloved pets, what happens then? Forward thinking and responsible pet owners will provide for their furry (or feathered) companions […] Read more

Changing Your Trust

Once your estate plan is in place, can you change it? What if you want to appoint another beneficiary or remove one? Perhaps you’ve changed your mind about your Advanced Healthcare Directive or you want someone else to have your Power of Attorney. Let’s examine how you can affect changes to your estate plan after it’s been created.


One of the best reasons to create a living trust is that they are  known as “revocable”. To revoke means to to take back or withdraw; annul, cancel, or reverse; rescind or repeal. The flexibility of this type of document is what […] Read more

Charitable Trusts and Endowments

What Does Endowment Do?


Definition of Endowment “To provide with a permanent fund or source of income.”


There are many endowed institutions in the United States .These are funded by businesses, corporations and private individuals such as yourself. Some of these are well-known universities such as John Hopkins, Yale, Brown, Cornell and the University of Southern California. Other endowed entities are museums and arts institutions such as The National Endowment For The Arts, and many of the larger American Museums. These endowments allow for free access to the arts and viewing of famous public and private collections. Endowments to schools provide scholarships […] Read more

What You Leave Behind Matters

What You Leave Behind Matters

What you leave behind matters. You’ve heard the old saying, “You can’t take it with you.” It’s can be difficult to think about that, but it’s true. When you leave this earth, what will be left behind? Everything that you’ve accumulated in your lifetime including your reputation, your family, and friends. The sum total of your life. If you’ve acquired debt, you’ll be leaving it behind, and the same holds true with wealth and property. How can you best serve your family and the future generations with your wealth?


Susan’s grandfather did it with a living trust. Robert B.was a self-made […] Read more

5 Things You Need To Know: Asset Protection

The money and property that you’ve worked hard all your life to build i.e., your nest egg, your savings and all that you own are also known as your assets. The dictionary (Dictionary.com) defines assets as:


items of ownership convertible into cash; total resources of a person or business, as cash, notes and accounts receivable, securities,inventories, goodwill, fixtures, machinery, or real estate (opposed to liabilities ).
Accounting. the items detailed on a balance sheet, especially in relation to liabilities and capital.
all property available for the payment of debts, especially of a bankrupt or insolvent firm or person.
Law. property in the hands of […] Read more

Seniors and the Law – Plan Ahead

Seniors and the Law – Plan Ahead

Income, financial status, physical fitness, ability and self-sufficiency. Everything changes as we age. This includes our rights and responsibilities under the law. It’s important for everyone, but especially for seniors to know their rights. It’s equally important to plan ahead for the possibility of becoming ill, infirm, or incapacitated. What if you had to be hospitalized or couldn’t care for yourself? Would you know your rights as regards housing, long-term healthcare and other issues related to your health? Does your family know your wishes regarding end of life care and funeral arrangements?

While these are not necessarily pleasant topics to […] Read more

A Matter of Trust : 3 Things to Consider When Choosing an Executor or Trustee

You’ve decided to have your will or trust made, and now you have a decision to make. Who is it that you will ask to be your Executor or Trustee? You’ll be asking someone to be put into a position of trust. How do you choose who you will name to handle this important role in your life and after death? Here are some things to consider.

The terms Executor and Trustee are often used synonymously, but in reality are two different roles related to the management and distribution of someone’s estate after they die.

The Executor

An Executor is usually a […] Read more

Estate Plans – Why You Need One

When you think of the word “Estate” does it bring to mind visions of mansions with gardens and tennis courts? The average person, even if a property owner doesn’t usually think of his property as an estate. The fact is, when you die, all of your real property and assets as a whole are considered your estate. This is precisely why you need an estate plan.


Definition of Estate :

Property or possessions.

the legal position or status of an owner, considered with respect to property owned in land or other things.
the degree or quantity of interest that a person has in land with […] Read more