A trust is not only a tool for the wealthy. In addition to serving many functions, they solve specific problems relating to the dynamics of families that have little to do with wealth. Do you want to keep your affairs…
Trusts and wills have distinct estate planning benefits that are quite different. Each state has specific laws and regulations governing these legal documents. You can have both a will and a trust; however, the information in each should complement the…
Keeping assets from disappearing or being claimed by creditors should be a part of your estate planning for the future inheritance of your children and grandchildren. Protect your children's and grandchildren's inheritances by planning ahead to prevent assets from disappearing…
Families can face challenges dealing with and formalizing the inheritance of values and assets, especially if they wait too long to start teaching values. Undoubtedly the best time to teach and empower your children as eventual inheritors of your family…
The inheritance of assets in a blended family can cause hurt feelings and inequitable distributions, as well as lengthy and expensive court battles. While you cannot legislate from the grave, you can carefully prepare your estate plan, distinctly accounting for…
Cryptocurrency is a digital asset and as such needs to be addressed differently than traditional estate planning assets. Crypto-assets may comprise significant individual wealth in the forms of cryptocurrencies like Bitcoin and non-currency blockchain tokens. If you own any of…
Trusts are not exclusive to the wealthy, anyone can benefit from setting up a trust. Do you want to keep your affairs private and stay out of probate court? Maybe you have stepchildren? Do you want to leave money to…