Avoid These Top Trust Problems - Trusts can be used as an asset protection tool and to help your beneficiaries avoid the cost and expense of probate. Trusts transfer legal ownership of assets to a trustee. The property is deeded in the name of the trust and the trustee is tasked with administering …
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Should I Leave My Child A Buck?
Should I Leave My Child A Buck? - It is irresponsible enough that absent-minded parents occasionally manage to leave their children behind when they leave the park or get off the bus. Even so, it seems far more incomprehensible that parents could possibly forget to include one or more of their kids …
For Estate Planning, Try FIRE
For Estate Planning, Try FIRE - Let's take a look at the Financial Independence, Retire Early (FIRE) movement. FIRE sets out a strategy for achieving that goal based on careful planning, determination, financial discipline and smart investing. Millennials have enthusiastically adopted these …
What Are the Different Kinds of Trusts?
What Are the Different Kinds of Trusts? - Trusts are legal arrangements that ensure the administration of a deceased person's assets align with what they would have wanted. Additionally, trusts work on behalf of your beneficiaries in your absence. Not all trusts are the same, however. The four …
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Stepfamilies and Estate Planning
Stepfamilies and Estate Planning - Is estate planning in second marriages a potential minefield? This can be a loaded question because it's already complex enough to blend families. It can be hard to decide on both an emotional and a legal level. After all, you'll want to make sure your assets …
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