A Subtrust is a Multi-Tool that serves various Purposes

A subtrust is a separate entity created under the umbrella of a primary trust or a will. A subtrust becomes active based on the terms of the trust or will when certain events happen, such as the death of the primary grantor, or creator. Subtrusts are one tool that estate planning attorneys use to help families pass on inheritances and protect their heirs from creditors or issues such as lawsuits or divorce. Subtrusts serve various purposes depending on…

January 29, 2024

Strategies to avoid Inheritance Disputes

A highly successful estate-management strategy for avoiding inheritance disputes is to make a meticulously detailed and legally sound will.

January 22, 2024

Estate Planning is increasingly Popular with Millennials

Millennials and Gen Zers are taking their estate planning seriously. These tips can help make the process seem less daunting.

January 3, 2024

Wise Strategies to manage an Inheritance

It can be fun to daydream what life would be like if you hit the Powerball for $1.7 billion, but for most people, windfalls aren’t quite as exciting.

December 21, 2023

Houses make horrible Wealth Transfer Vehicles

Somewhere along the way, homeowners came to believe a non sequitur of sorts, that the “American Dream” includes not only buying a house but also passing that same home on to their children. Financial advisers have largely supported this tactic for passing along generational wealth.

November 16, 2023