Estate planning is a crucial process that involves dividing money and property after someone passes away. Though many people are familiar with wills as a means of distributing assets, trusts can be even more effective. A trust is a legal…
The purpose of trusts isn't only to help the wealthy. They serve a wide range of functions and solve specific family problems that have little to do with wealth. Do you want to keep your affairs private and stay out…
It is likely that you have questions regarding how you want your assets distributed and who should have that responsibility, regardless of where you are in the estate planning process. A trust can be a great tool in your estate…
When you are considering your estate plan, or are in the middle of it, you may be wondering how your assets will be distributed and who should oversee this. A trust can be a great tool in your estate planning…
When you plan your estate, your assets, interests, and loved ones are protected after your death. There are many individuals who make costly mistakes when they do not seek the advice and guidance of an experienced estate planning attorney. Poor…
According to a 2021 study by Caring.com and YouGov, the percentage of Americans age fifty-five and older who have created a will has decreased from sixty percent to forty-four percent. In comparison to the pre-pandemic years, younger adults are now…
Wills and trusts have specific and quite different benefits for estate planning purposes. Each state has specific laws and regulations governing these legal documents. You can have both a will and a trust; however, the information in each should compliment…
Living Wills are essential in creating a solid estate plan. A living will presents your preferences for life-sustaining medical treatment. It is often accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for…
You should check your estate planning documents every so often, to make sure they’re still good, especially with big life changes like births, marriages, divorces, and moving to another state. Children grow up, marriages dissolve, property gets sold, residences change.…