Living trusts are increasingly popular estate planning tools. When you create a trust, you are creating a fiduciary relationship where a trustee holds specific assets for the benefit of the beneficiaries of your trust. Serving as a trustee is a significant responsibility and is therefore an important decision when creating […]
Category: Trusts
What You Need to Know About Funding Your Living Trust
Mon Nov 16, 2020 | Estate Planning | Share
Living trusts have become a popular estate planning tool for many reasons – they offer flexibility and protection while helping you avoid the probate process. However, creating the trust is not enough by itself. One of the most common mistakes that people make is neglecting to actually fund the trust. […]
How to Avoid Problems with Your Living Trust
Wed Sep 16, 2020 | Trusts | Share
Estate planning is an investment in your future and your family’s security. Unfortunately, there are no easy solutions – careful planning and frequent reviews are the keys to a solid estate plan. A one-size-fits-all estate plan that you create and then forget about is bound to cause frustration at the […]
The Advantages of Hiring an Estate Lawyer
Tue Aug 25, 2020 | Trusts | Share
Many people question whether it’s worth the time and money to hire an attorney to help them with their estate planning in today’s age of information. Because of their low cost, online forms are extremely attractive, and the assumption is that they must be valid if they are being offered […]