What You Should Know About A Living Trust
When passing on your estate to your heirs, a will or other estate planning tools can be used. A revocable living trust is one of best choices. A story on aarp.org says the revocable living trust is becoming very popular, particularly among baby boomers. This kind of a trust is a way to avoid probate […]
Do You Need a Trust?
Trusts are an important estate planning tool for many individuals but may not be right for every estate plan. Trusts are complex legal documents and should only be prepared by a lawyer who practices in this specific area of law. There are many different kinds of trusts and they are established for a variety […]
The Five Benefits of a Revocable Trust
Trusts are an important part of estate plans large and small. Unlike a will, a trust allows a person to manage and distribute assets in life, as well as in death. A recent article discusses why everyone needs a revocable living trust, and what the benefits of these trusts are. 1. Probate Avoidance Many people […]
Probate Is Not Necessarily A Bad Thing
For various reasons, most people are under the impression that probate is a process that should be avoided at all costs. A recent article explains the process of probate, and why it is not always a bad thing. An estate will typically go through probate when the decedent has assets owned in his or her […]
Advantages of the Mobility Trust
It is not uncommon for individuals or families to move from one state to another. Often, individuals or families who are anticipating a move are hesitant to draft estate-planning documents. This hesitation stems from the fact that the individual laws of each state govern probate. A recent article offers an estate planning solution for those […]
Estate Planning: Questions You Should Ask
Estate planning is a very complicated area of the law. This is a rather unfortunate fact when considering that estate planning is an area of the law that applies to virtually everyone. A recent article articulates some questions you should be sure to ask your estate planning attorney. Will My Assets Fund My Trust? One […]