When should I consider a disclaimer trust? Imagine you’re in the grocery store and you overhear this conversation: “I love my kids, but since they’ve both become really opinionated it feels like every family get together there’s some kind of fight. Sometimes
Overview of Probate avoidance trust If you are single, if you are married but have very limited assets (and do not mind the surviving spouse making any changes they want after your death), or if all of your estate is going to
The Trust Process Includes: Draft the Trust Documents Draft a “Pour Over” Will Fund the Trust Rest Easy Trust Set Up Process You’ve decided you want a trust, done all the research (or worked with an attorney), and know what kind
The importance of outlining your health care wishes now Do you remember the Terri Schiavo case in Florida? If you don’t, here’s a quick refresher. Terri Schiavo was on life support for several years. After years of unsuccessful treatment, her husband filed
Power of Attorney: Who Needs One and Why? A power of attorney is a legal document that authorizes someone else to act on your behalf, as your agent. It can be limited and only give power in a specific area and/or account.
Wait…what do you mean when you say not everyone needs a trust? If you’ve been doing research on estate planning, you’ve likely read article after article discussing the importance of a trust, how trusts work, and the pros and cons of different
What this post covers: Why does the type of trust matter? What types of trusts are there? What about a pet trust or other terms? What to consider in setting up a trust After reading all about how wonderful trusts are, you
What’s the fuss with revocable living trusts, anyway? If you’ve looked into estate planning, chances are you quickly came across revocable living trusts. These trusts reign as the king of estate planning tools. But are revocable trusts worth the expense or is
About Estate Planning At its simplest, estate planning ensures YOUR wishes are followed and makes the estate process as easy for your loved ones as possible. An estate plan will help you reach your goals, whether you want to avoid probate ,