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…
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…