Can the Trustee Be a Beneficiary?
Trusts are useful estate planning tools. They can help you pass assets to intended beneficiaries while limiting tax burdens. Many […]
Essential Guide to Incapacity Planning Documents
Have you ever stopped to think about who would handle your affairs if you suddenly couldn't? It's a thought many of us push aside. But imagine a serious illness or a car accident that leaves you unable to make your own choices; this is where proper incapacity planning documents become so critical.
The Easy Online Trust That Left a Family in Trouble
A pickleball friend was pleased with himself for completing his living trust. Over a game of pickleball, he told me he had recently completed his entire estate plan online. “It was cheap,” he said with a grin. “The site walked me through it all."
A Tragedy That Could Have Been Prevented: The Cost of No Living Trust
In a quiet neighborhood in California, a family was living what many would consider the American dream.
5 Reasons People Don’t Create a Living Trust And Why You Shouldn’t Wait
Creating a living trust is one of the most important steps you can take to protect your family, your home, and your assets. Despite the many benefits, millions of Americans put off this essential part of estate planning and let the government take control of your assets. You pay for in this in the end.
5 Powerful Benefits of a Revocable Living Trust
Do you know exactly where your assets will go after you pass away? More importantly, do you want the flexibility to change your plan as your life evolves while also protecting your family from unnecessary delays, legal costs, and public court proceedings? Learn about the benefits of a revocable living trust.
Can Creditors Go After an Irrevocable Trust?
If you're concerned about shielding your assets from lawsuits or debt collectors, you might be wondering: Can creditors go after […]
How to Plan an Eco-Friendly Funeral and Make Sure It’s in Your Living Trust
Thinking about the future often involves financial considerations and deciding who inherits assets. But have you considered how your final […]
Can a Special Needs Trust Pay for Utilities?
Yes, a special needs trust can pay for utilities for the designated beneficiary in some cases. However, there are some […]
Navigating Trust Administration After Death: A Guide
When someone passes away, it's an incredibly difficult time. On top of the grief, there can be the worry of handling that person's affairs, especially if you are named as the successor trustee. The process of managing and distributing assets from a trust, known as trust administration after death, can seem confusing and overwhelming.