People who are creating an estate plan often want to ensure their loved ones get the intended assets. Some people assume they can write all this down in a will and that it will be followed when they pass away. There are a few disadvantages to that. The will becomes...
One option that you have with your estate plan is to use a trust to pass your assets on to your heirs. This is an alternative to simply giving your heirs those financial assets directly. There are many reasons that you can use a trust, and everyone has a unique...
Creating an estate plan is a way to protect your loved ones and ensure that they’re able to get the assets you want them to have when you pass away. One way that you can do this is to set up trusts that will pass those assets to them according to your terms. All...
If anything happens to you before your children are grown, you naturally want them to have access to your money and assets so that they can have a secure, stable future. If your children are already adults, you may hope that your assets make life a little easier for...
There are important life events in the life of every estate planner that should cause them to reexamine their estate plan and update it if needed. Estate planners should be familiar with what types of circumstances should prompt them to ensure their estate plan is...
Many people probably put off estate planning because they find the vast array of potential options too daunting. They don’t know where to start, so they don’t start at all. However, just because there may be a wide range of estate planning options for any given person...
Trusts can be a confusing and intimidating topic for many people; the reason for the confusion is that there are so many different types of trusts for different purposes. A trust can be created during your lifetime and the trust can survive your death. One important...
