Leaving Property in Trust is Common

Homes are illiquid assets that produce no income and come with ongoing costs for upkeep. Those issues can cause some snags with your trust.

May 25, 2022

Inheriting a Home with a Mortgage

Dealing with the loss of a loved one is never easy. When inheritances, homes, estates and mortgages are involved, tensions can run high within a family. It is easy to get lost in the paperwork and terms.

May 17, 2022

Safeguard your Inheritance from Divorce

Your dad bequeathed you a generous sum of money on his passing. Those gifted and inherited assets, in many instances, will be considered ‘separate property,’ not marital property. That might mean that they might not be subject to division, if you divorce. However, perhaps you want to backstop that hoped for result to make the protection more likely to stick if your marriage doesn’t work out.

May 9, 2022

Planning for Special Needs Requires Care

Estate planning should always be customized to each individual creating a plan. This is particularly important when planning for beneficiaries with disabilities.

May 3, 2022

Succession Planning can Protect Family Legacy

While 88% of business owners believe their family will control their business in five years, statistics from Family Business Institute show that only 33% of businesses survive to transfer to the next generation, and only 10-15% continue to the third generation.

April 25, 2022

Several Ways to Avoid Probate

There are good reasons why people want their estates to avoid probate, and a lot of ways to do it.

April 19, 2022

Keeping the Vacation Home for Generations

These vacation homes may also comprise a significant portion of the family’s wealth. Therefore, it’s understandable that homeowners want to pass their properties and family traditions to future generations.

April 18, 2022

Things You should Leave Out of a Will

Unfortunately, there are several common missteps people make in their estate planning that can lead to unwanted results. Read on to discover the two things you should never include in your will, as well as what to substitute instead.

April 14, 2022