There are many people who use trusts, not just the wealthy. In addition to serving many purposes, they address specific problems that are less concerned with wealth, and put the focus more on family dynamics. Do you want to keep…
Protecting your children’s and grandchildren’s inheritances from creditors should be a part of your estate plan. A simple way to achieve inheritance protection is through a trust. A trust can pass your wealth bypassing probate. This allows specific trust provisions…
A trust is a great mechanism for handling estate business and it can be beneficial to anyone with any number of assets. You want to keep your affairs private and stay out of probate court? Maybe you have stepchildren? You…
Trusts are not exclusive to the wealthy, anyone can benefit from setting up a trust. Do you want to keep your affairs private and stay out of probate court? Maybe you have stepchildren? Do you want to leave money to…
In estate planning, wills and trusts present varying advantages depending on your situation. 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 complement…
Leaving your property to your heirs might seem simple enough. You make a will or a trust, you do a transfer-on-death deed for your real estate, you put your kids on your bank account, you designate beneficiaries for your life…
If parents wait too long to begin installing family values, properly addressing and legally formalizing inheritance of family values and assets can be challenging. Undoubtedly the best time to teach and empower your children as eventual inheritors of your family…