Wills & Trusts

Friday, November 26, 2021

Different Types of Trusts

A trust is a fiduciary arrangement that gives a third party, called a trustee, the ability to hold assets on behalf of a beneficiary. Trusts are flexible instruments that can be arranged in many ways and can specify exactly how and when your assets transfer to beneficiaries. In this article, we examine four popular types of trusts.

Revocable Living Trusts

A revocable living trust is a written document that determines how your assets will be handled after your death. A revocable living trust is unique in that you can amend or cancel it at any time.

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Wednesday, September 15, 2021

Tips for Preventing Family Squabbles After a Death

A death in the family is always difficult. In addition to the obvious pain associated with losing a loved one, practical matters, such as who will inherit what property, sometimes create additional tension among family members. Although this is unfortunate, it is an extremely common occurrence following a loved one’s death. Luckily, with a little planning, most fights among family members can be prevented. In this article, we share some tips for preventing family squabbles after a death.

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Sunday, September 5, 2021

Is Estate Planning the Same as a Will?

If you are considering starting the estate planning process, you probably have a lot of questions. After all, estate planning is complicated, and there is a lot of information out there on the topic. In this article, we examine the following common estate planning question: “Is estate planning the same as a will?” For help with other common estate planning questions, please contact our experienced estate planning attorney.

What is a Will?

A will is an important legal document that conveys the final wishes of a person who has passed away. Despite its importance, however, approximately 60 percent of U.

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Tuesday, February 11, 2020

The Importance of Picking the Right Trustee

A trust is a fiduciary relationship in which one party (the trustor) gives another party (the trustee) the right to hold title to assets or property for the benefit of a third party (the beneficiary). When creating a trust as part of your estate plan, it’s imperative that you choose a trustee that will carry out your wishes efficiently and honestly. Below are some tips on how to pick the right trustee.

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