May 20, 2022 •
Estate Planning Frequent triggers also include changes in the health of executors and guardians; changes in laws, which may impact tax and legal strategies; and changes in state residence, which can also impact planning.
Read MoreEstate planning should always be customized to each individual creating a plan. This is particularly important when planning for beneficiaries with disabilities.
Read MoreMarch 23, 2022 •
Estate Planning Trusts are often associated with the rich. However, the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.
Read MoreFebruary 17, 2022 •
Estate Planning Executors can use additional information in administering estates, especially if the executor is unrelated to the decedent.
Read MoreJune 15, 2021 •
Estate Planning Americans have been living through a ‘golden age’ of estate planning, but it’s coming to an end, says one consultant to ultra-high-net-worth families and family offices.
Read MoreApril 5, 2021 •
Estate Planning When you hear the word trust fund, you might think of the uber-wealthy giving their kids a big chunk of cash on their 25th birthday. However, trust funds aren’t just for the rich.
Read MoreJanuary 8, 2021 •
Estate Planning Every family has one–or maybe more–black sheep. They’re people who march to their own drum and handing them an inheritance could be problematic.
Read MoreOctober 13, 2020 •
Estate Planning Estate planning is all about ensuring that your wishes are met after your death. All estate plans should include a will and powers of attorney. However, in many cases, a trust has additional benefits beyond what can be accomplished with the will and powers of attorney.
Read MoreSeptember 14, 2020 •
Estate Planning We may think of a spoiled heiress to a large fortune, whose parents were savvy enough to prevent her from having full access to her funds. On the other hand, we could imagine a loved one with special needs, whose needs will be provided for with trust-protected money.
Read MoreSeptember 4, 2020 •
Estate Planning Trusts are legal entities that own assets, and all trusts are not alike. They are created by a written trust document with certain provisions that can vary from trust to trust.
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