Not everyone needs a trust because there are other options and, in some (limited) circumstances, a trust may not be warranted. Wait…What Do You Mean When You Say Not Everyone Needs A Trust? If you’ve been doing research on estate planning, you’ve likely read article after article discussing the importance of a trust, how trusts work, and the pros and cons of different types of trusts. It may sound like absolutely everyone needs a trust. But, there are other options and,…Read More
What This Post Covers: Why does the type of trust matter? What types of trusts are there? What about a pet trust or other terms? What To Consider In Setting Up A Trust After reading all about how wonderful trusts are, you may have decided to go ahead and get a trust set up. So, what’s the next step? If you’ve decided to work with a lawyer, your lawyer should go through your financial circumstances and your wishes for how…Read More
What’s The Fuss With Revocable Living Trusts, Anyway? If you’ve looked into estate planning, chances are you quickly came across revocable living trusts. These trusts reign as the king of estate planning tools. But are revocable trusts worth the expense or is it all just hype? The short answer is that revocable living trusts really are just that good. There are a number of reasons to establish a trust and several of them are explored below. Please note that these…Read More
About Estate Planning At its simplest, estate planning ensures YOUR wishes are followed and makes the estate process as easy for your loved ones as possible. An estate plan will help you reach your goals, whether you want to avoid probate, minimize taxes, ensure your children are taken care of, or enforce your wishes regarding medical treatment even if you are unconscious. There are a variety of legal estate planning tools you can use. Some of the more common tools…Read More
