10 Types of Trusts: A Quick Look Considering the myriad of trusts available, creating an estate plan that works can seem daunting. However, that’s what we, as estate planning attorneys, do every day. We know the laws and will design a plan that addresses your specific situation. Here’s a look at the basics of ten common trusts to provide a…
-
-
How Adding a Trust Protector Can Help You and Your Family You probably remember the cast of characters in your estate plan. ● You were the creator of your trust, known as the grantor, settlor, or trustmaker. ● The trustee controls the assets in the trust. For most revocable trusts, that’s also you, while you’re alive and well. ● The…
-
It’s Planning Season For each season, there is planning that you must do on the farm. To be successful, this planning must be done thoughtfully and in advance. Your life is no different. To properly plan for the next season in your life and the lives of your family, a well-executed estate plan is a must. Below are a few…
-
Estate Planning: Why Me, Why Now, and Is a Will Enough? You have worked hard for years, have family members and friends you care about, and have approached a time in your life when “estate planning” sounds like something you should do, but you are not exactly sure why. You may feel that you are not wealthy enough or not…
-
Wills, Trusts & Dying Intestate: How They Differ Most people understand that having some sort of an estate plan is, as Martha Stewart would say, a “good thing.” However, many of us don’t take the steps to get that estate plan in place because we don’t understand the nuances between wills and trusts – and dying without either. Here’s what…
-
Wills vs. Trusts: A Quick & Simple Reference Guide Confused about the differences between wills and trusts? If so, you’re not alone. While it’s always wise to contact experts like us, it’s also important to understand the basics. Here’s a quick and simple reference guide: What Revocable Living Trusts Can Do – That Wills Can’t ● Avoid a conservatorship and…