How Does an Inheritance Trust Work?
Inheritance trusts take on critical importance in wealth management, particularly for multi-generational families.
October 30, 2023
Which Trust, Revocable or Irrevocable?
There are important differences between the two types of trusts, including the amount of control you’ll have over your assets.
September 27, 2023
The Safe way to Pass on Family Heirlooms
There are better—and often more creative—ways to plan and divide that can avoid family squabbles over cars, jewelry, furniture and household items.
August 30, 2023
How an Intentionally Defective Grantor Trust Protects Wealth
Sometimes it might take an IDGT, or intentionally defective grantor trust, to preserve generational wealth. But how does that work?
August 23, 2023
Avoid Pitfalls when Transferring Property to Heirs
Death is inevitable, but dying without an estate plan is not. Estate planning is a must for property owners, no matter how uncomfortable the subject might make you.
August 21, 2023
Finding a Missing Heir can be Challenging
Locating missing heirs after the death of their benefactor can require detective work worthy of Sam Spade.
August 17, 2023
Things that should Never Belong in Your Will
Writing a will is not as simple as just slapping together a list of desires. However, there are some things you should not put in your will.
August 8, 2023
Life Estate may be a good option for Older Homeowners
By understanding the features of a life estate and creating one at the right time, you can reap the following benefits….
July 20, 2023
Only leave Assets to Minor through a Trust
You cannot name a legal minor as a beneficiary. This applies to almost all legal documents, most notably wills and life insurance policies.
July 12, 2023
There are Benefits to Creating A Life Estate
A life estate is a form of property ownership that splits control and ownership of a property. The person who creates the life estate for their home and assets is known as the life tenant. Though the tenant retains control of the property, they share ownership during their lifetime with the remainderman, a legal term referring to the estate’s heir.
June 20, 2023