What is a Living Trust? A living trust, also known as an inter vivos trust, allows you to dictate instructions for the distribution of your assets after you pass away. While similar to a will, a trust effectively avoids the probate process. This is because a will...
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Living Trust
Common Estate Planning Mistakes and How to Avoid Them
Estate planning may seem straightforward but overlooking some critical items can lead to probate and other complications. In this article, we discuss the four most common estate planning mistakes. Not Having An Estate Plan This one should be obvious, but not having...
Why you should consider creating a trust
There is also a common misconception that trusts are only necessary for or used by the wealthy. The bottom line is that trusts offer many benefits over traditional wills that are useful no matter your net worth. Follow along as we walk through some of the differences between wills and trusts, and the benefits of having a trust.
Why Should You Update Your Estate Plan After a Divorce
Learn how to protect yourself after a divorce and why updating your estate plan after a divorce is so important.
How a Trust Enables Grandparents to Include their Grandchildren in their Estate Plan
Many times, grandparents come to our law firm looking for a way they can help their grandchildren. The vast majority of our clients are not rich people, they are normal people who have worked hard for their whole lives and want to make sure that their families are...
Guardian Designations: Are your kids protected?
What would happen to your kids if you did not make it home tonight? Parents can make a plan today for that "what if" by designating a guardian, conservator and if appropriate, creating a trust. What are each of these tools? Guardian Designation A guardian designation...
Why Creating a Trust Can be Beneficial
There are many reasons why setting up a trust for you and your family is a smart decision including avoiding probate, privacy and maintaining control over distributions. In addition, trusts provide protection in the event that you become incapacitated. Trusts also help when a beneficiary has special needs. Trusts can be catered to your needs and a decision to help protect you and your family’s future.