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What if one of your beneficiaries is in bankruptcy or is soon likely to be? None of us knows what the future holds, so you should consider these important issues in your estate plan, even if the possibility of bankruptcy seems far-fetched right now.
Here is a look at the basics of ten common trusts to provide you with a general understanding of the options available.
No matter what stage you may find yourself in estate planning, retirement is a great milestone to evaluate what your next step may be.
The death of a child is one of the hardest times for a family. This article focuses on the financial and legal aspects of dealing with this tragedy.
Far too many families end up fighting, or at least experiencing tension, over a family inheritance. But it does not have to be that way.
The notion that your estate plan contains a defect would not normally be welcomed as good news. But despite the moniker, an intentionally defective grantor trust (IDGT) can be an advantageous tool for minimizing estate taxes and maximizing the money and property that are passed on to a spouse, descendants, ...
A deed is a legal document used to transfer real property ownership rights from one person or entity (the grantor) to another (the grantee). Not recording a deed can cause problems for the grantee.
When you form a trust as part of your estate plan, one of the most important decisions you will make is who will oversee the trust’s management when you are no longer able to manage it (also known as your successor trustee). When looking to hire a professional to serve ...
If your trustee is unresponsive to your requests for information regarding the trust, what should you do?
Silent Trusts: Could I Be the Beneficiary of a Trust and Not Know It?
